The Board of Directors of OSK Holdings Berhad announced that the Company had on 18 January 2018, incorporated a wholly-owned subsidiary namely, OSK I CM Sdn. Bhd. (the Incorporation"). OSK I CM Sdn. Bhd. was incorporated in Malaysia under the Companies Act 2016 on 18 January 2018 with an issued share capital of MYR 1,000 comprising 1,000 ordinary shares. The intended principal activity of OSK I CM Sdn. Bhd. is to provide treasury services. The Incorporation does not have any material effect on the earnings and net assets of the Company for the financial year ending 31 December 2018.