GHL unit in­cor­po­rates S’pore sub­sidiary

New Straits Times - - Business -

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.

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