ZHULIAN ACQUIRES DORMANT COMPANY
PETALING JAYA: Zhulian Corp Bhd is acquiring a 100% stake in ZBP International Sdn Bhd for RM1.5 million. In a filing with the stock exchange, the company said its wholly owned subsidiary Zhulian Management Sdn Bhd had on Oct 18 acquired the entire stake in ZBP. ZBP is currently a dormant company and its intended business activity is direct marketing of costume jewellery and consumer products. Its authorised share capital is RM5 million while the issued and paid-up share capital is RM1.5 million.