ZHULIAN AC­QUIRES DOR­MANT COM­PANY

The Sun (Malaysia) - - SUNBIZ -

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.

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