PROVISION OF FINANCIAL ASSISTANCE
SARAWAK PLANTATION BERHAD |
Type | Announcement |
Subject | PROVISION OF FINANCIAL ASSISTANCE |
Description | Provision of Financial Assistance |
INTRODUCTION Pursuant to Paragraph 8.23(1) and Practice Note 11/2001 of Bursa Malaysia Securities Bhd's Main Market Listing Requirements, the Board of Sarawak Plantation Berhad (SPB) wishes to announce that the aggregate amount of financial assistance as at 31 December 2019 to facilitate the ordinary course of business of SPB's Group was RM32,488,531-00. This was in relation to certain subsidiaries. FINANCIAL IMPACT Share Capital The provision of financial assistance has no effect on the share capital and shareholding structure of SPB Group for the quarter ended 31 December 2019. Earnings There is no material impact on the earnings per share for the quarter ended 31 December 2019. Net Assets (NA) There is no impact on the NA of SPB Group for the quarter ended 31 December 2019. Dated this 18 February 2020. |
Announcement Info
Company Name | SARAWAK PLANTATION BERHAD |
Stock Name | SWKPLNT |
Date Announced | 18 Feb 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-19112019-00028 |