Kuala Lumpur Kepong establishes Netherlands unit

Kuala Lumpur Kepong Bhd’s wholly-owned unit, Kolb Distribution AG, has incorporated a new wholly-owned company called KLK Chemicals Holding Netherlands B.V. in the Netherlands, with a total issued capital of 25 million euros (RM120.23 million).

It comprises 25,000 shares of 1,000 euros each and is currently non operational, it said in a filing to Bursa Malaysia today. The intended principal activity of KLK Chemicals Holding Netherlands B.V. is investment holdings.

Source: Bernama