KUALA LUMPUR (Yosefardi) – Bintai Kinden Corporation Berhad, through its subsidiary Bintai Kindenko Private Limited, has on 25 October 2013, completed the subscription of 134,000 ordinary shares or equivalent to 67% of the total paid up share capital of PT. BK Indonesia for USD134,000.00.
Upon the aforesaid subscription of shares, PT. BK Indonesia has become a sub-subsidiary of the company. The company has received the notification in relation thereto from BKPL on 29 October 2013.
PT. BK Indonesia is a private company incorporated in Indonesia with the total paid up share capital of USD200,000.00. The intended principal activity is that of an investment holding company.