Provision Of Financial Assistance

BackAug 19, 2021
Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description

Salcon Berhad ("Salcon" or "the Company")

- Provision of Financial Assistance

Pursuant to paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to update that the aggregate amount of the financial assistance provided by Kencana Kesuma Sdn Bhd, a wholly-owned subsidiary of Salcon remains unchanged for the second quarter from 1 April 2021 to 30 June 2021, which is necessary to facilitate the ordinary course of business of the following Companies within the Salcon Group, are as below:-

 

Company

Type of Financial Assistance Provided

Amount for the second quarter ended 30 June 2021 (RM)

Aggregate amount of Financial Assistance provided as at 30 June 2021 (RM)

Satria Megajuta Sdn Bhd

Term Loan

0.00

2,400,000.00

JR Engineering and Medical Technologies (M) Sdn Bhd

Term Loan

0.00

6,000,000.00

 

The provision of financial assistance as set out above have no financial impact on the net assets and earnings per share of Salcon Group for the financial period ended 30 June 2021. 


Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 19 Aug 2021
Category General Announcement for PLC
Reference Number GA1-19082021-00084