General Announcement for PLC

19/08/2019

PROVISION OF FINANCIAL ASSISTANCE

AMCORP PROPERTIES BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description 
Amcorp Properties Berhad ("AMPROP") 
- Provision of Financial Assistance

Pursuant to paragraph 8.23(1)(ii) and paragraph 3 of Practice Note 11 of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the financial assistance provided for the quarter ended 30 June 2019 to facilitate the ordinary course of business of AMPROP Group is set out below:

1.Unsecured Subordinated Loan Notes value at £3,065,400 (equivalent to approximately RM16.1 million based on exchange rate of  £1:RM5.252 on 28 June 2019) subscribed by AMPROP as financial assistance to an indirect joint venture, Bankside Quarter (Jersey) Limited to fund the development and working capital of the project.

The financial assistance provided does not have any material impact on the earnings, net assets and gearing of AMPROP Group.

This announcement is dated 19 August 2019.



Announcement Info

Company Name AMCORP PROPERTIES BERHAD
Stock Name AMPROP
Date Announced 19 Aug 2019
Category General Announcement for PLC
Reference Number GA1-16082019-00105


Related Announcements for AMPROP
Date Title
22/11/2021 OTHERS AMCORP PROPERTIES BERHAD ("AMPROP" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF AMPROP PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")
12/11/2021 OTHERS AMCORP PROPERTIES BERHAD ("AMPROP" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF AMPROP PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")
27/10/2021 OTHERS AMCORP PROPERTIES BERHAD ("AMPROP" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF AMPROP PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")
14/10/2021 OTHERS AMCORP PROPERTIES BERHAD ("AMPROP" OR THE "COMPANY") SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF AMPROP PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("SCR")
22/09/2021 TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
14/09/2021 PROVISION OF FINANCIAL ASSISTANCE
20/08/2021 OTHERS AMCORP PROPERTIES BERHAD ("AMPROP" OR THE "COMPANY") PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF AMPROP PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016 ("PROPOSED SCR")
19/08/2021 OTHERS AMCORP PROPERTIES BERHAD ("AMPROP" OR THE "COMPANY") - TERMINATION OF EMPLOYEES SHARE SCHEME ("ESS")
12/08/2021 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD
12/08/2021 TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))