Sample Disclosure – Significant Event Subsequent To Balance Sheet Date (26 August 2009)
Significant Event Subsequent To The Balance Sheet Date
On 1 January 2009, ABC Sdn. Bhd. (a wholly owned subsidiary of the Company), increased its issued and fully paid up share capital from RM2 to RM1,000,000 by way of the issuance of 999,998 new ordinary shares of RM1.00 each for a total consideration of RM999,998 for the purpose of increasing the working capital of the subsidiary.
The newly issued shares rank pari passu in all respects with the existing ordinary shares of the subsidiary company.