General Announcement for PLC

07/04/2022

PROVISION OF FINANCIAL ASSISTANCE

SALCON BERHAD

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


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