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GuocoLand unit incorporates new subsidary

KUALA LUMPUR: GuocoLand (Malaysia) Bhd's wholly-owned subsidiary HLL Overseas Limited had on Wednesday, Mar 22 incorporated a wholly-owned subsidiary known as Positive Vision Labuan Ltd (PVL) as an investment holding company.

In a filling to Bursa Malaysia on Wednesday, Guocoland said that PVL is incorporated as a private limited company in the Federal Territory of Labuan with an issued and paid-up share capital of US$1 (RM3.03) comprising 1 ordinary share.

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