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 March 2022 and no outstanding balances of the same as at 31 March 2022.
As at 31 March 2022, the total borrowings of KKSB stood at RM4,455,055 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;
|
4,455,055 |
(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 |
4,455,055 |
Announcement Info
Company Name | SALCON BERHAD |
Stock Name | SALCON |
Date Announced | 07 Apr 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-07042022-00014 |