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WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR BUMI ARMADA BERHAD - DISSOLUTION OF INACTIVE SUBSIDIARY

BUMI ARMADA BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
BUMI ARMADA BERHAD 
 - DISSOLUTION OF INACTIVE SUBSIDIARY

Bumi Armada Berhad (“BAB”) wishes to announce that its indirect wholly-owned subsidiary, Bumi Armada Nigeria Limited (“BANL”) was dissolved on 9 February 2024 upon expiration of three (3) months from the date of the submission of the Account and Return of Final Meeting by the Liquidator to Corporate Affairs Commission, Nigeria on 9 November 2023.

 

BANL was incorporated on 9 June 2009 in Nigeria with an issued capital of ₦10,000,000 divided into 10,000,000 ordinary shares of ₦1 each.

 

BANL is a dormant company, and its dissolution is consistent with BAB Group’s streamlining exercise and is not expected to have a material impact on BAB Group’s earnings and net assets for the financial year ending 31 December 2024. 

 

None of the Directors or major shareholders of BAB or persons connected to them have any interest, direct or indirect, in the dissolution of BANL.

 

This announcement is dated 15 February 2024.






Announcement Info

Company Name BUMI ARMADA BERHAD
Stock Name ARMADA
Date Announced 15 Feb 2024
Category General Announcement for PLC
Reference Number GA1-21082023-00019



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