GHL unit incorporates S’pore subsidiary
KUALA LUMPUR: GHL Systems Bhd’s unit, ePayments, has incorporated a unit in Singapore, called GEPL. In its filing to Bursa Malaysia, the company said the issued share capital of GEPL is S$10,000.00 (RM31,634.69), consisting 10,000 ordinary shares. “The intended principal activity of GEPL is to provide Internet payment gateway services,” it said. The company said the incorporation of GEPL will not have any material effect on the share capital, shareholding structure, gearing, net assets per share and earnings per share of GHL for the financial year ending December 31.