HWANG

2.610

(%)

PROVISION OF FINANCIAL ASSISTANCE

HWANG CAPITAL (MALAYSIA) BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO PARAGRAPH 8.23(1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD AND PARAGRAPH 3 OF THE PRACTICE NOTE 11

Pursuant to Paragraph 8.23(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and paragraph 3 of the Practice Note 11, Hwang Capital (Malaysia) Berhad wishes to announce that a secured loan amounting to RM14,000,000 was granted to a third party by its wholly-owned subsidiary in its ordinary course of business during the quarter ended 31 July 2017.

The financial assistance granted above amounting to RM14,000,000 has no significant impact on the net assets and earnings per share of Hwang Group.

The information required pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad for the financial year ended 31 July 2017 is attached below.

 




Please refer attachment below.

Attachments

Hwang_Q417.pdf
21.4 kB



Announcement Info

Company Name HWANG CAPITAL (MALAYSIA) BERHAD
Stock Name HWANG
Date Announced 11 Sep 2017
Category General Announcement for PLC
Reference Number GA1-08082017-00090