|The Board of Directors of JADI wishes to announce that its wholly-owned subsidiary, Jadi Imaging Technologies Sdn Bhd (“JITSB”), had, on 3 September 2009 received the certificate of incorporation of a new subsidiary dated 27 August 2009 known as International Cartridge Supplies Sdn Bhd (“ICSSB”).
The authorised share capital of ICSSB is RM100,000.00 divided into 100,000 ordinary shares of RM1.00 each of which two (2) ordinary shares of RM1.00 each have been issued and fully paid up.
JITSB and Ms Lee Huey Fen own one share each in ICSSB.
ICSSB has yet to commence operations but its intended principal activity is to undertake the manufacturing/remanufacturing and distribution of imaging supplies.
None of the Directors and/or major shareholders of the Company or persons connected to them have any interest, direct or indirect, in the aforesaid incorporation.
This announcement is dated 3 September 2009.