AIZO

0.040

(%)

OTHERS AIZO Group Berhad (formerly known as Minetech Resources Berhad) ("AIZO" or "the Company") - Provision of Financial Assistance pursuant to Practice Note No. 11/2001 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

AIZO GROUP BERHAD

Type Announcement
Subject OTHERS
Description
AIZO Group Berhad (formerly known as Minetech Resources Berhad) ("AIZO" or "the Company") - Provision of Financial Assistance pursuant to Practice Note No. 11/2001 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

The Board of Directors of AIZO wishes to announce that pursuant to Practice Note No. 11/2001, the aggregate amount of financial assistance provided during the quarter ended 31 March 2025 to facilitate the ordinary course of business of the Company and the Group is tabulated below:-

 

 

  Type of Financial Assistance

Company Level

 

 

(RM’000)

Group Level

 

 

(RM’000)
Corporate Guarantee 36,923 36,923
2   Bank Guarantee - 3,367
  Total financial assistance provided during the quarter ended 31 March 2025 36,923 40,290

 

There would be no significant financial impact to the earnings and cash flow of AIZO Group as a result of the above financial assistance granted during the reporting quarter as these guarantees are not expected to be realised and called upon.

 

The announcement is dated 27 May 2025.

 

 






Announcement Info

Company Name AIZO GROUP BERHAD
Stock Name AIZO
Date Announced 27 May 2025
Category General Announcement for PLC
Reference Number GA1-26052025-00109