Provision Of Financial Assistance
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | SALCON BERHAD ("SALCON" OR "COMPANY") QUARTERLY DISCLOSURE PURSUANT TO PARAGRAPH 8.23(2)(e) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
Pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that its wholly-owned subsidiary, Kencana Kesuma Sdn. Bhd. (“KKSB”) has not provided any loan/advance to any party in relation to money lending activities for the quarter ended 31 December 2021 and no outstanding balances of the same as at 31 December 2021.
As at 31 December 2021, the total borrowings of KKSB stood at RM4,386,478.99 with the following breakdown:
|
|
|
RM |
|
(a) |
the aggregate amount of outstanding loans and/or advances given by any corporation within the Salcon Group to the moneylending company;
|
4,386,478.99 |
|
(b) |
the borrowings which are secured by any corporation within the Salcon Group in favour of the moneylending company
|
Nil |
|
(c)
|
Other borrowings |
Nil |
|
|
Total |
4,386,478.99 |
Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 11 Jan 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-06012022-00070 |