OTHERS: Additional Investment in Wholly-Owned Subsidiary, AVIOTA Sdn Bhd Posted Date : 18 May 17
Additional Investment in Wholly-Owned Subsidiary, AVIOTA Sdn Bhd
Announcement Details/Table Section
The Board of Directors of Malayan Flour Mills Berhad (“the Company”) wishes to announce that the Company had on 18 May 2017, increased its investment in the capital of its wholly-owned subsidiary, AVIOTA Sdn Bhd from RM2.00 to RM350,000.00 by subscribing for an additional 349,998 ordinary shares in cash, at RM1.00 per share (“the Additional Investment”).
Please refer to the attachment for the details of the Additional Investment.