EnGro Corp strikes of dormant subsidiary in Malaysia
This is not expected to have any material impact on the company.
EnGro Corporation Limited announced on 1 September 2025 that its indirect wholly-owned dormant subsidiary, Pelopor Niaga Sdn. Bhd. has been struck off from the Register of the Companies Commission of Malaysia on 16 July 2025 pursuant to Section 550 of the Malaysia Companies Act 2016.
The group said in its bourse filing that the transaction is not expected to have any material impact on the net tangible assets per share and earnings per share of the group for the financial year ending 31 December 2025.
It was also disclosed that none of the directors, controlling shareholders, or substantial shareholders of the Company has any interest, direct or indirect, in the above transaction, save for their shareholding interests in the company.