Beruflich Dokumente
Kultur Dokumente
NEW SUBSIDIARY
Contents:
The Board of Directors is pleased to announce that Tiong Nam Logistics Solutions Sdn.
Bhd. (TNLS) a 100% owned subsidiary of Tiong Nam Logistics Holdings Bhd
(TNLHB) has on 31 March 2014 entered into a Shares Sale agreement (SSA) to
acquire 1,037,500 ordinary shares of RM 1.00 each in cash (Acquisition) or equivalent
to 100% of the issued and fully paid-up capital of Sinar Mekar Sdn. Bhd. (SMSB).
The Acquisition shall result the indirect acquisition of SM Global Logistics Sdn. Bhd.
(SMG), by TNLS as SMG is a 100% owned subsidiary of SMSB.
Principal activities of SMSB are air, ocean & overland freight forwarding, customs
brokerage, heavy bulking, long length equipment/machinery transportation & rigging,
container inland haulage, general cargo transportation & bonded truck facilities, container
depot & warehousing & distribution, project transportation & handling.
Principal activities of SMG are provision of public bonded warehousing and distribution
services, total gas and chemical warehousing management and services.
The followings are information on SMSB:
1. Company No : 171513-T
2. Incorporation date : 28 June 1988
3. Registered address : Lot 640, Block 4, MTLD, Demak Laut Ind. East. Jalan Bako
93050 Kuching, Sarawak.
4. Directors : (i) Awgku Jinal Abedin Bin Pgn Haji Jawa
(ii) Augustine Wong Chung Ho
(iii) Suraiti @ Suriati Binti Zainuddin
(iv) Chua Seng Huat
(v) Goh Chung Siong
(vi) Datuk Haji Abang Abdul Wahap Bin Abg, Julai
(vii) Awang Bemee Bin Awang Ali Basah
5. Paid-up capital : 1,037,500 ordinary shares of RM 1.00 each fully paid-up
6. Shareholders : (i) Awgku Jinal Abedin Bin Pgn Haji Jawa (410,393 ordinary
shares of RM 1.00 each fully paid representing 39.56%
shareholdings)
(ii) Augustine Wong Chung Ho (268,750 ordinary shares of RM
1.00 each fully paid representing 25.90% shareholdings)
(iii) Suraiti @ Suriati Binti Zainuddin (118,750 ordinary shares of
RM 1.00 each fully paid representing 11.44% shareholdings)
(iv) Chua Seng Huat (169,607 ordinary shares of RM 1.00
each fully paid representing 16.35% shareholdings)
The financial and business prospect of the Acquisition is subject to certain risk inherent in
the logistics sector including changes in political, economic, regulatory and social
conditions as well as increase in interest rate.