CORPORATE ANNOUNCEMENTS
General Announcement
Reference No: EL-140930-CED1B
 
Company Name : ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name : ECM
Date Announced : 09/10/2014
Type : Announcement
Subject : WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description :

Members' Voluntary Winding-up of Dormant Subsidiaries

Announcement Details/Table Section :

ECM Libra Financial Group Berhad ("ECMLFG") wishes to inform that it has commenced members' voluntary winding-up of the following dormant wholly-owned subsidiaries pursuant to Section 254(1)(b) of the Companies Act, 1965 on 9 October 2014:

1. Avenue Capital Resources Berhad; and
2. ECML Ltd (formerly known as ECM Libra Investment Bank Limited).

(collectively known as "Dormant Subsidiaries")

Mr Lim Tian Huat of Messrs Rodgers Reidy & Co. (formerly known as Messrs Lim Tian Huat & Co.), K-3A-09, No. 2, Jalan Solaris, Solaris Mont Kiara, 50480 Kuala Lumpur, has been appointed as Liquidator of the Dormant Subsidiaries.

The members' voluntary winding-up of the Dormant Subsidiaries will not have material impact on the net assets and earnings per share of ECMLFG Group for the financial year ending 31 January 2015.

This announcement is dated 9 October 2014.

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