UEMS

0.995

(%)

PROVISION OF FINANCIAL ASSISTANCE

UEM SUNRISE BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
UEM Sunrise Berhad ("UEM Sunrise" or the "Company")
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

Pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”), we wish to announce the aggregate amount of financial assistance provided by the Company’s wholly-owned subsidiary, Nusajaya Rise Sdn Bhd, a licensed moneylending company (previously undertaken by UEM Land Berhad) pursuant to its ordinary course of moneylending business as at 30 June 2024 as set out below:

 

Type of Financial Assistance

During the quarter ended

30 June 2024 (RM)

Cumulative Balance* as at

30 June 2024 (RM)

Unsecured Term Loan

RM73,473

RM2,626,834

 

Note: * Inclusive of the outstanding balance of the financial assistance provided by UEM Land Berhad, previously a licensed moneylending company.

 

The above provision of financial assistance had no significant impact on the net assets and earnings per share of UEM Sunrise Group for the financial year ended 30 June 2024.

 

The details of the provision of financial assistance as at 30 June 2024 pursuant to Paragraph 8.23(2)(e) of the Listing Requirements are set out in the attachment.

 

This announcement is dated 22 August 2024.




Please refer attachment below.

Attachments

Provision FA Q2 FY2024.pdf
406.3 kB



Announcement Info

Company Name UEM SUNRISE BERHAD
Stock Name UEMS
Date Announced 22 Aug 2024
Category General Announcement for PLC
Reference Number GA1-22082024-00034