Incorporation Of A Wholly-Owned Subsidiary

The Board of Directors of Steel Hawk is pleased to announce that the Company has incorporated a wholly-owned subsidiary known as Steel Hawk Defence Sdn. Bhd. [Registration No. 202201014104 (1459801-M)] ("Steel Hawk Defence") on 18 April 2022 with an issued share capital of RM100,000.00 comprising 100,000 ordinary shares of RM1.00 each. The subscription of shares in Steel Hawk Defence will be funded wholly from internally generated funds of Steel Hawk.

The intended principal activities of Steel Hawk Defence are as follow:-

(1) Supply, maintenance, design, sales, technical training for defence engineering equipment;

(2) Supply and maintenance of safety gear products/devices and other support services; and

(3) Service provider of fire and explosion protection systems.

The said incorporation does not have any effect on the share capital of the Company and has no material effect on the earnings and net assets of the Company and its subsidiaries for the current financial year. 

Dato' Sharman Kristy A/L Michael and Datin Annie A/P V Sinniah are the directors of both Steel Hawk and Steel Hawk Defence. Save for these disclosure, none of the Directors and/or major shareholders of Steel Hawk and/or persons connected with them have any interests, direct or indirect, in the said incorporation. 

This announcement is dated 18 April 2022.

Announcement Info