ID :
186114
Thu, 06/02/2011 - 15:35
Auther :
Shortlink :
https://oananews.org//node/186114
The shortlink copeid
ASIAN PAC TO VENTURE INTO REAL ESTATE DEVELOPMENT OVERSEAS
KUALA LUMPUR, June 2 (Bernama) -- Property developer, Asian Pac Holdings
Bhd, plans to venture into real estate development overseas.
In a filing to Bursa Malaysia (Malaysia's stock exchange), Asian Pac said as
such it has subscribed to 50 per cent equity stake in a company incorporated in
Indonesia, PT AP International.
PT AP International has an issued and paid-up capital of US$250,000
comprising 2,500 shares of US$100 each.
Asian Pac's 50 per cent stake represented issued and paid-up capital of
US$125,000, comprising 1,250 shares of US$100 each.
Bhd, plans to venture into real estate development overseas.
In a filing to Bursa Malaysia (Malaysia's stock exchange), Asian Pac said as
such it has subscribed to 50 per cent equity stake in a company incorporated in
Indonesia, PT AP International.
PT AP International has an issued and paid-up capital of US$250,000
comprising 2,500 shares of US$100 each.
Asian Pac's 50 per cent stake represented issued and paid-up capital of
US$125,000, comprising 1,250 shares of US$100 each.