INTRODUCTION

Pursuant to Paragraph 8.23(1) and Practice Note 11/2001 of Bursa Malaysia Securities Bhd's Main Market Listing Requirements, the Board of Sarawak Plantation Berhad (SPB) wishes to announce that the aggregate amount of financial assistance as at 31 March 2022 to facilitate the ordinary course of business of SPB's Group was RM24,130,245-00. This was in relation to certain subsidiaries.

FINANCIAL IMPACT

Share Capital

The provision of financial assistance has no effect on the share capital and shareholding structure of SPB Group for the quarter ended 31 March 2022.

Earnings

There is no material impact on the earnings per share for the quarter ended 31 March 2022.

Net Assets (NA)

There is no impact on the NA of SPB Group for the quarter ended 31 March 2022.

Dated this 20 May 2022.

Announcement Info