MEWAH INTERNATIONAL INC.
(Company Registration No.: CR-166055)
CHANGE IN CORPORATE INFORMATION:
INCREASE OF PAID UP CAPITAL IN A SUBSIDIARY
Mewah International Inc. (the "Company", and together with its subsidiaries, the "Group") wishes to announce that the Company has increased the paid up capital of its indirect wholly owned subsidiary, as detailed below:-
Increase in Paid- | Revised Paid Up |
Subsidiary | Financed by |
Up Capital | Capital |
MOI | Foods | USD 780,000 | USD 2,880,000 | Internal Accruals |
(Shanghai) Co., Ltd |
The above transaction is not expected to have any material impact on the consolidated net tangible assets or earnings per share of the Company for the financial year ending 31 December 2020.
None of the Directors or Substantial Shareholders of the Company have any direct or indirect interest in the above investment.
Issued by
MEWAH INTERNATIONAL INC.
14 August 2020