General Announcement for PLC
25/02/2022PROVISION OF FINANCIAL ASSISTANCE
SUNZEN BIOTECH BERHAD |
Type | Announcement | ||||||
Subject | PROVISION OF FINANCIAL ASSISTANCE |
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Description | SUNZEN BIOTECH BERHAD ("THE COMPANY" OR "SUNZEN") - PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO RULE 8.25(2)(e) AND GUIDANCE NOTE 4 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS") |
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Pursuant to Rule 8.25(2)(e) and Guidance Note 4 of the Listing Requirements, the Board of Directors of Sunzen wishes to announce the aggregate amount of financial assistance provided by its wholly-owned subsidiary, Finsource Credit (M) Sdn. Bhd. (formerly known as Finsource Solution Sdn. Bhd.) (“Finsource”), a moneylending company in the ordinary course of its business for the financial quarter ended 31 December 2021 as set out below:
The provision of financial assistance as set out above have no significant impact on the net assets and earnings per share of Sunzen Group for the period ended 31 December 2021.
The details of the provision of financial assistance pursuant to Rule 8.25(1)(ii) of the Listing Requirements are set out in the attachment.
This announcement is dated 25 February 2022. |
Please refer attachment below.
Attachments |
Announcement Info
Company Name | SUNZEN BIOTECH BERHAD |
Stock Name | SUNZEN |
Date Announced | 25 Feb 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-22022022-00067 |