The board of directors of Choo Chiang Holdings Ltd. announced that the company has incorporated a wholly-owned subsidiary, Choo Chiang Cable Support System Sdn. Bhd., in Malaysia. CCCSS has an initial issued and paid-up share capital of MYR 30,000.00 comprising 30,000 ordinary shares. The principal activities of CCCSS is the manufacturing of cable support systems. The incorporation of CCCSS was funded by internal resources and is not expected to have any material impact on the consolidated net tangle assets and the consolidated earnings per share of the Company and the Group for the financial year ending 31 December 2019.