Sonata Software incorporates wholly-owned subsidiary in Malaysia

Sonata Software announced to the exchanges that Sonata Software Malaysia SDN. BHD. has been incorporated in Malaysia as a Wholly owned subsidiary of the Company with effect from June 13, 2023, to provide end‐to‐end solutions to Information Technology Services.

According to the regulatory filing, the paid-up share capital of Sonata Malaysia is MYR 10,000 (10,000 equity shares of MYR 1 each) for which no government/ regulatory approval is required. 

The Company holds 100% shareholding of Sonata Malaysia.

Further, the newly incorporated entity to commence operations soon, the company said on Wednesday.

Source: Media reports