PROVISION OF FINANCIAL ASSISTANCE
LBS BINA GROUP BERHAD |
Type | Announcement | ||||
Subject | PROVISION OF FINANCIAL ASSISTANCE |
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Description | PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO PARAGRAPH 8.23 (1)(ii) AND PRACTICE NOTE 11 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
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Pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”), the Board of Directors of LBS Bina Group Berhad ("LBGB" or the “Company”) wishes to announce the aggregate amount of financial assistance provided by its wholly-owned subsidiary, LBS Capital Sdn. Bhd. (“LCSB”), a money lending company, pursuant to its ordinary course of business as at 31 March 2022 as set out below:-
The provision of financial assistance as set out above have no significant impact on the net assets and earnings per share of LBGB Group for the period ended 31 March 2022. The details of the Provision of Financial Assistance pursuant to Paragraph 8.23(1)(ii) of the Listing Requirements are set out in the attachment. This announcement is dated 18 May 2022. |
Please refer attachment below.
Announcement Info
Company Name | LBS BINA GROUP BERHAD |
Stock Name | LBS |
Date Announced | 18 May 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-26042022-00022 |