The Board of Directors of AYER wishes to announce that the Company has received the notice from the Companies Commission of Malaysia (“CCM”) dated 26 September 2017 to strike off its wholly owned subsidiary, BBP Management Services Sdn. Bhd. (Company No. 735463-P) pursuant to Section 308(4) of the Act (“Strike-off”) from the Register of CCM.
The Strike-off of BBP Management Services Sdn. Bhd. is not expected to have any material effect on the AYER Group’s earnings and net assets for the financial year ending 31 December 2018.
This announcement is dated 27 February 2018.