General Announcement for PLC

27/05/2021

PROVISION OF FINANCIAL ASSISTANCE

SALCON BERHAD

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 announce that the aggregate amount of the financial assistance provided by Kencana Kesuma Sdn Bhd, a wholly-owned subsidiary of Salcon, for the first quarter from 1 January 2021 to 31 March 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

Aggregate amount of Financial Assistance provided (RM)

Satria Megajuta Sdn Bhd

Term Loan

2,400,000.00

JR Engineering Medical Technologies (M) Sdn Bhd

Term Loan

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 March 2021.






Announcement Info

Company Name SALCON BERHAD
Stock Name SALCON
Date Announced 27 May 2021
Category General Announcement for PLC
Reference Number GA1-24052021-00180