MKH

1.330

-0.01 (-0.7%)

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 2021 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 2021 was RM67,598,168. 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 2021 is enclosed below.




Please refer attachment below.



Announcement Info

Company Name MKH BERHAD
Stock Name MKH
Date Announced 04 Jan 2022
Category General Announcement for PLC
Reference Number GA1-03012022-00053