PROVISION OF FINANCIAL ASSISTANCE
MKH BERHAD |
Type | Announcement |
Subject | PROVISION OF FINANCIAL ASSISTANCE |
Description | PROVISION OF FINANCIAL ASSISTANCE |
Pursuant to paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MKH Berhad ("MKHB" or "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 2019 was RM94,055,770. 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 2019 is enclosed below.
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Please refer attachment below.
Announcement Info
Company Name | MKH BERHAD |
Stock Name | MKH |
Date Announced | 03 Jan 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-02012020-00041 |