PROVISION OF FINANCIAL ASSISTANCE
MKH BERHAD |
Type | Announcement |
Subject | PROVISION OF FINANCIAL ASSISTANCE |
Description | MKH BERHAD ("MKHB" or "the Company") - Quarterly disclosure for the period ended 31 December 2020 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 Board of Directors of the Company wishes to announce that the total outstanding loans and advances granted by its wholly-owned subsidiary, MKH Credit Corporation Sdn Bhd ("MKCC") as at the end of the first quarter ended 31 December 2020 was RM99,937,173. MKCC holds a moneylending licence and the loans and advances were made in its ordinary course of business.
The loans and advances granted have no significant impact on the net assets and earnings per share of MKHB Group.
The information required pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad as at the end of the first quarter ended 31 December 2020 is enclosed below. |
Please refer attachment below.
Announcement Info
Company Name | MKH BERHAD |
Stock Name | MKH |
Date Announced | 05 Jan 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-04012021-00146 |