FORGING AHEAD - Tradewinds Plantation Berhad

9. INVESTMENTS IN SUBSIDIARIES (continued)
(b) Subsidiaries struck-off from the register
On 30 December 2009, the Company had submitted applications to the Companies Commission of Malaysia (‘CCM’)
to strike off from CCM’s register its wholly-owned dormant subsidiaries, namely Gugusan Induk Sdn. Bhd. (‘GISB’),
Insan Delima Sdn. Bhd. (‘IDSB’), JTOP Lebir Plantation Sdn. Bhd. (‘JTOP Lebir’) and Teon Choon Quarry Sdn. Bhd.
(‘TCQSB’), under Section 308 of the Companies Act, 1965.
During the current financial year, the Company received the following striking-off notices from the CCM pursuant to
the application for the striking-off:
(i) Notices for the striking-off of GISB and JTOP Lebir, both dated 27 July 2010;
(ii) Notice for the striking-off of TCQSB, dated 16 August 2010; and
(iii) Notice for the striking-off of IDSB, dated 9 September 2010.
Accordingly, GISB and JTOP Lebir were struck-off from CCM’s register on 7 September 2010 and TCQSB and IDSB
were struck-off from CCM’s register on 17 September 2010 and 13 October 2010 respectively.
The striking-off of GISB, JTOP Lebir, TCQSB and IDSB has no material effect to the Group’s assets and liabilities and
financial results for the current financial year.
10. INVESTMENT IN AN ASSOCIATE
Group
2010 2009
RM’000 RM’000
Unquoted shares, at cost - *
Share of post-acquisition reserves - -
* Denotes RM4
FINANCIAL STATEMENTS
TRADEWINDS PLANTATION BERHAD
Annual Report 2010
- *
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