PROVISION OF FINANCIAL ASSISTANCE
MPHB CAPITAL BERHAD |
Type | Announcement |
Subject | PROVISION OF FINANCIAL ASSISTANCE |
Description | MPHB CAPITAL BERHAD ("MPHB Capital") Provision of Financial Assistance pursuant to paragraph 8.23(1)(ii)(bb) and Practice Note 11 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad by Multi-Purpose Credit Sdn Bhd, a subsidiary of MPHB Capital |
Pursuant to paragraph 8.23(1)(ii)(bb) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MPHB Capital wishes to announce the aggregate amount of financial assistance provided by its subsidiary, Multi-Purpose Credit Sdn Bhd (“MPC”), for the first quarter ended 31 March 2020 as set out below:
(1) Paragraph 3.1 of Practice Note 11
Type of Financial Assistance : Loan extended to a customer of MPC in its ordinary course of business as a licensed moneylender.
Amount of loan provided/drawndown during the first quarter ended 31 March 2020: RM3,336,699.10
(ii) Paragraph 3.3 of Practice Note 11
The details of financial assistance are set out in the tables attached hereto.
The provision of financial assistance as set out in the tables attached hereto will not have any significant impact to the earnings and cashflow of MPHB Capital Group for the year ending 31 December 2020.
This announcement is dated 22 May 2020. |
Please refer attachment below.
Announcement Info
Company Name | MPHB CAPITAL BERHAD |
Stock Name | MPHBCAP |
Date Announced | 22 May 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-22052020-00063 |