The Board of Directors of MYEG wishes to announce that as part of its internal restructuring exercise to streamline the operations of the Companies within MYEG and its subsidiaries ('MYEG Group'), MYEG Group has transferred the shareholdings in the manner stated below:-
Name of Subsidiary effected | Total Number of shares in Ipidato DC | Transfer From | Amount of shares Transferred | Transfer to |
Ipidato Dot Com Sdn. Bhd. ('Ipidato DC') | 10,000 | MY EG AD Networks Sdn. Bhd. ('MYEGAD') | 10,000 | MY E.G. Capital Sdn. Bhd. ('MYEGCAP') |
Both MYEGAD and MYEGCAP are wholly owned subsidiary of MYEG. The restructuring does not expect to have any material effect on net assets per share, gearing and share capital of the Company for the financial year ending 30 June 2016.
None of the directors and/or major shareholders of the Company and/or persons connected to them have any interest, direct or indirect in the aforesaid restructuring.
This announcement is dated 20 May 2016
MyEG - My E.G. Services Bhd published this content on 20 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 May 2016 06:37:02 UTC.
Original documenthttp://myeg.listedcompany.com/news.html/id/529124
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