KPSCB

0.560

(%)

OTHERS Approval from the " Kementerian Perumahan dan Kerajaan Tempatan" ("KPKT") to Hai Ming Marketing Sdn Bhd, a wholly-owned subsidiary of KPS Consortium Berhad, on the application for Money Lending Licence pursuant to Moneylenders Act 1951.

KPS CONSORTIUM BERHAD

Type Announcement
Subject OTHERS
Description
Approval from the " Kementerian Perumahan dan Kerajaan Tempatan" ("KPKT") to Hai Ming Marketing Sdn Bhd, a wholly-owned subsidiary of KPS Consortium Berhad, on the application for Money Lending Licence  pursuant to Moneylenders Act 1951.

The Board of Directors of KPS Consortium Berhad ("KPS" or the "Company") wishes to announce that Hai Ming Marketing Sdn Bhd (“HMMSB”), a wholly-owned subsidiary of the Company, had on today received the Money Lending Licence issued by the Registrar of Moneylenders of KPKT on 18th May 2022. 

 

The approval allows HMMSB to undertake any business of those relating to the money lending activities.

 

The approval will not have any material impact on the earnings per share, net assets per share, share capital, gearing and substantial shareholders' shareholdings of the Company and its subsidiaries for the financial year ending 31st December 2022.

 

None of the Directors and/or major shareholders of the Company and/or persons connected with them have any interest, whether direct or indirect, in the said approval.

 

This announcement is dated 20th May 2022.






Announcement Info

Company Name KPS CONSORTIUM BERHAD
Stock Name KPSCB
Date Announced 20 May 2022
Category General Announcement for PLC
Reference Number GA1-20052022-00033