KPSCB

0.540

+0.005 (+0.9%)

PROVISION OF FINANCIAL ASSISTANCE

KPS CONSORTIUM BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
KPS Consortium Berhad and its subsidiaries ("KPS Group")
- Provision of Financial Assistance - Quarterly Disclosure pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

 

Pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of KPS Consortium Berhad ("the Company") wishes to announce the financial assistance provided by the Company's subsidiary, Hai Ming Marketing Sdn. Bhd. ("HMMSB"), a moneylending company, pursuant to its ordinary course of business as at 31 March 2023.

 

Type of Financial Assistance Amount (RM)
Loans extended to customers in the ordinary course of HMMSB's business 7,527,778.72

The provision of financial assistance as set out above have no material impact on the net assets and earnings per share of the Company and its subsidiaries for the period ended 31 March 2023.
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 26 May 2023.

 

 




Please refer attachment below.



Announcement Info

Company Name KPS CONSORTIUM BERHAD
Stock Name KPSCB
Date Announced 26 May 2023
Category General Announcement for PLC
Reference Number GA1-26052023-00009