Announcements
Provision Of Financial Assistance
< BackNov 21, 2012
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | 1. INRODUCTION Pursuant to Paragraph 8.23(1) and Practice Note 11/2001 of the Bursa Malaysia Securities Berhad's Main Market Listing Requirements, the Board of Sarawak Plantation Berhad ("SPB") wishes to announce that the aggregate amount of financial assistance provided as at 30 September 2012 to facilitate the ordinary course of business of SPB Group's subsidiaries was RM 20,345,842.16 made up as follows: (a) Loan to subsidiaries amounted to RM 8,345,842.16 ; and (b) Corporate Guarantee in relation to banking facilities amounted to RM 12,000,000.00. 2. 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 30 September 2012. Earnings There is no material impact on the earnings of SPB Group for the quarter ended 30 September 2012. Net Tangible Assets (NTA) There is no material impact on the NTA of SPB Group for the quarter ended 30 September 2012. Dated this 21 November 2012. |
Announcement Info
| Company Name | SARAWAK PLANTATION BERHAD |
| Stock Name | SWKPLNT |
| Date Announced | 21 Nov 2012 |
| Category | General Announcement |
| Reference No | SP-121031-341E1 |