Hong Leong Asia Ltd. - Incorporation of Subsidiary, Yuchai Machinery (Hong Kong) Co., Limited
25 August 2016, 12:00:00 am
The Board of Directors of Hong Leong Asia Ltd. ("the Company") wishes to announce that Guangxi Yuchai Machinery Company Limited, a subsidiary of China Yuchai International Limited, which in turn is a subsidiary of the Company had incorporated a wholly-owned subsidiary , Yuchai Machinery(Hong Kong) Co., Limited("YMHK") in Hong Kong.
The registered and paid-up cash in YMHK of HKD 1 million was satisfied in cash and funded through internal sources. The principal activities of YMHK are those relating to the import, export and sales of diesel engines and related parts and components.
By Order of the Board
HONG LEONG ASIA LTD.
Ng Siew Ping ,Jaslin
25 August 2016