Provision Of Financial Assistance
| 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 for the fourth quarter from 1 October 2021 to 31 December 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 of Financial Assistance provided for the fourth quarter ended 31 December 2021 (RM) |
Aggregate amount of Financial Assistance provided as at 31 December 2021 (RM) |
|
Satria Megajuta Sdn Bhd |
Term Loan |
0.00 |
0.00 |
|
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 31 December 2021.
Announcement Info
| Company Name | SALCON BERHAD |
| Stock Name | SALCON |
| Date Announced | 28 Feb 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25022022-00084 |