SAAG - WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Announcement Type: General Announcement
Company Name | SAAG CONSOLIDATED (M) BHD |
Stock Name | SAAG |
Date Announced | 1 Jul 2013 |
Category | General Announcement |
Reference No | SC-130701-60521 |
Type | Announcement |
Subject | WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR |
Description | SAAG CONSOLIDATED (M) BHD ("SAAG" or "the Company") - Paragraph 9.28 (3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad |
Further to the announcement dated 2 May 2013 and 4 June 2013 in relation to the above captioned matter, the Board of Directors wishes to inform that there has been a material development with regard to the affiars of the Company whereby the Company has been wound up by an order of court on 21 June 2013 pursuant to a petition by Ambank Bhd a creditor of the Company and the affairs of the Company are now being managed by the Official Receiver who has been appointed as Provisional Liquidator by the Court. This announcement is dated 1 July 2013 |
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