Investment in JPMCnova Sdn Bhd

NOVA MSC BERHAD
11 Jun 2010

Type Announcement
Subject Investment in JPMCnova Sdn Bhd
Contents Pursuant to the announcement dated 19 May 2010, the Company is pleased to announce that novaHEALTH Pte Ltd (“novaHEALTH”), a wholly owned subsidiary of the Company, had subscribed for 24,500 ordinary shares of B$1 each, representing an equity interest of 49%, in a newly incorporated company called JPMCnova Sdn Bhd (“JPMCnova”), whose registered office is at Jerudong Park, BG3122, Brunei Darussalam.

The Company had also nominated Mr Chan Wing Kong and Mr Lai Teik Kin as the Company’s representatives in the Board of Directors in JPMCnova.

Directors’ and Major Shareholders’ Interests

Other than being the common director of the Company, novaHEALTH and JPMCnova, Mr Chan Wing Kong does not have an interest, direct or indirect, in the above transaction.

Other than being the common director of the novaHEALTH and JPMCnova, Mr Lai Teik Kin does not have an interest, direct or indirect, in the above transaction.

Save as disclosed above, none of the other directors and/or major shareholders of Company or persons connected to the directors and/or major shareholders of Company have any interest, direct or indirect in the above transaction.

This announcement is dated 11 June 2010.

 

 

Comments are closed.