Fukoku Co : WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
May 31, 2011 at 10:50 am
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AFFIN Holdings Berhad ("AHB") wishes to announce that AFFIN Capital Sdn. Bhd. ("AFFIN Capital"), a wholly-owned subsidiary of AHB, had on 31 May 2011 commenced Member's Voluntary Winding-up pursuant to Section 254(1)(b) of the Companies Act, 1965.
Pursuant thereto, Datuk Tan Leh Kiah of AD-Consult Sdn. Bhd., Suite 13.03, 13th Floor, Menara Tan & Tan, 207 Jalan Tun Razak, 50400 Kuala Lumpur, has been appointed as Liquidator.
Brief information of AFFIN Capital Sdn. Bhd.
AFFIN Capital was incorporated on 19 June 1997; its authorised share capital consists of RM100,000,000-00 divided into 100,000,000 ordinary shares of RM1-00 each and its paid up share capital is RM100,000,000-00 consisting of 100,000,000 ordinary shares of RM1-00 each fully paid up.
Rationale for the Winding-up
The Member's Voluntary Winding-up of AFFIN Capital is to rationalise and streamline the AHB Group Structure.
Effects of the Winding-up
The winding-up of AFFIN Capital will not have any financial effect on the AHB Group.
Fukoku Co., Ltd. operates in five business segments, including Functional Products, Anti-vibration, Medal Processing, Hoses and New business. The Functional Products segment manufactures and sells seal components and wiper blade rubber products. The Anti-vibration segment manufactures and sells dampers and mounts. The Medal Processing segment is engaged in the manufacture and sale of medal components for truck and construction machinery use. The Hoses segment is involved in the manufacture and sale of rubber products, such as hoses. The New segment manufactures and sells office automation, medical care, motors and urethane products.
FUKOKU CO.,LTD. 
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