(Alliance News) - Global Invacom Group Ltd on Thursday said its Global Invacom Japan Kabushiki Kaisha subsidiary has been dissolved.
The satellite communications equipment firm's wholly-owned subsidiary was incorporated in Tokyo. Its dissolution will not materially hurt Global Invacom's earnings per share or its net tangible assets per share for 2019.
Global Invacom noted that none of its controlling shareholders or directors are directly or indirectly interested in the dissolution.
In early September, Global Invacom dissolved its Radiance Electronics Shenzhen Co Ltd subsidiary in China.
Shares in Global Invacom were untraded in London on Thursday at midday, last closing at 8.00 pence.
By Anna Farley; annafarley@alliancenews.com
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