April 9, 2011

Warisan incorporates subsidiary in Cambodia


Warisan TC Holdings Group, an investment holding and management services provider, has incorporated a company named "Mat Tours and Travel (Cambodia) Pte Ltd (Mat Cambodia) under the commercial
enterprises law in Cambodia.

Approval from the Ministry of Commerce of Cambodia dated April 5 for the registration of Mat Cambodia was received today, said Warisan TC Holdings in a filing to Bursa Malaysia today.

It said Mat Cambodia would conduct inbound and outbound tours, provide cars and coaches for rental and leasing and air-ticketing services.

Mat Cambodia has an authorised and registered capital of 720,000,000 Riel(about US$180,000) represented by 180,000 ordinary shares, each having a par value of 4,000 Riel (about US$1).

It is a wholly-owned subsidiary of Mat (Labuan) Pte Ltd which in turn is a wholly-owned subsidiary of Warisan TC Holdings.

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