News

The Board of Directors of PCB wishes to announce that PENTAMASTER EQUIPMENT MANUFACTURING SDN. BHD. (“PQ”), an indirect wholly-owned subsidiary of PCB, has incorporated a wholly-owned corporation, Pentamaster Equipment Manufacturing, Inc. (“PEMI”), in the state of California, the United States of America.

PEMI was incorporated on 18 January 2018 and is authorised to issue a total of 10,000 shares of Common Stock. PQ has on 8 February 2018 remitted USD10,000.00 to PEMI as capital contribution with the result that PEMI currently has an issued and paid up capital of USD10,000.00 comprising of 1,000 shares of Common Stock of USD10.00 each, all held by PQ. The principal activity of PEMI is provision of sales and technical support. PEMI was incorporated for the purpose of providing closer sales and support services to the customers of Pentamaster International Limited and its subsidiaries based in the United States of America.

None of the Directors and/or major shareholders of PCB or persons connected to them have any interest, direct or indirect, in the incorporation of PEMI.

This announcement is dated 8 February 2018.