TALAMT

0.020

-0.005 (-20%)

PROVISION OF FINANCIAL ASSISTANCE

TALAM TRANSFORM BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
TALAM TRANSFORM BERHAD ("TTB" or "the Company")
PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO PARAGRAPH 8.23(1)(ii) AND PRACTICE NOTE NO. 11 OF BURSA MALAYSIA SECURITIES BERHAD'S MAIN MARKET LISTING REQUIREMENTS

Pursuant to Paragraph 8.23(1)(ii) and Practice Note No. 11 of Bursa Malaysia Securities Berhad’s Main Market Listing Requirements, the Board of Directors of TTB wishes to announce the aggregate amount of financial assistance provided by its wholly-owned subsidiary, Mutual Prosperous Sdn Bhd (“MPSB”), a money lending company, pursuant to its ordinary course of business for the fourth quarter ended 31 March 2022 as set out in Table 1 below.

 

The provision of financial assistance as set out in Table 1 below had no significant impact to the net assets and earnings per share of TTB for the current financial year:-

 

Table 1

 

Type of Financial Assistance

 

Amount (RM)

 

 

Personal Loan to Employee

 

 

280,000

 

Please refer to the attachment below for the information in relation to the financial assistance provided by MPSB in its ordinary course of business as a moneylender for the fourth quarter ended 31 March 2022.

 

This announcement is dated 30 May 2022.




Please refer attachment below.



Announcement Info

Company Name TALAM TRANSFORM BERHAD
Stock Name TALAMT
Date Announced 30 May 2022
Category General Announcement for PLC
Reference Number GA1-25052022-00035