Company Name
:
GENTING MALAYSIA BERHAD
Stock Name
:
GENM  
Date Announced
:
08/02/2013


Type
:
Announcement
Subject
:
OTHERS

Description
:
GENTING MALAYSIA BERHAD (the "Company" or "GENM")
Application for Declaration of Dissolution by dormant indirect wholly-owned subsidiaries incorporated in the Isle of Man

Announcement Details/Table Section :


The Board of Directors of GENM wishes to announce that the following dormant indirect wholly-owned subsidiaries of the Company have on 7 February 2012 applied to the Financial Supervision Commission of Isle of Man for a Declaration of Dissolution pursuant to Section 190 of the Isle of Man Companies Act, 2006 ("Applications for Dissolution"):

1. Palomino Star Limited ("PSL"); and

2. Palomino World Limited ("PWL").

PSL and PWL had disposed of their investments in subsidiaries during the restructuring exercise of GENM group in the United Kingdom undertaken on 4 July 2012 and both the companies have since remained dormant.

The Applications for Dissolution by PSL and PWL have no material effect on the net assets and earnings per share of the GENM group for the financial year ending 31 December 2013.

This announcement is dated 8 February 2013.


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