Announcements
Provision Of Financial Assistance
< BackMay 27, 2014
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | 1. INTRODUCTION 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 31 March 2014 to facilitate the ordinary course of business of SPB Group's subsidiaries was RM 29,491,238-00 made up as follows: (a) Loan and advances to subsidiaries amounted to RM 17,491,238-00; 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 31 March 2014. Earnings There is no material impact on the earnings of SPB Group for the quarter ended 31 March 2014. Net Assets (NA) There is no material impact on the NA of SPB Group for the quarter ended 31 March 2014. Dated this 27 May 2014. |
Announcement Info
| Company Name | SARAWAK PLANTATION BERHAD |
| Stock Name | SWKPLNT |
| Date Announced | 27 May 2014 |
| Category | General Announcement |
| Reference No | SP-140522-406F7 |