Tan Chong Motor Holdings

Bursa Announcements

Bursa Announcements

Provision Of Financial Assistance

BackMay 18, 2011
Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description Provision of Financial Assistance pursuant to paragraph 8.23(1)(ii) and Practice Note 11 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Pursuant to paragraph 8.23(1)(ii) and Practice Note 11 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Tan Chong Motor Holdings Berhad ("TCMH") wishes to announce the aggregate amount of financial assistance provided by TC Capital Resources Sdn Bhd ("TCCR"), a wholly-owned subsidiary of TCMH, for the first quarter ended 31 March 2011 as set out below:

(i) Paragraph 3.1 of Practice Note 11

Type of Financial Assistance :
Loans extended to customers in the ordinary course of TCCR's business as a licensed money lender.

Amount of loans provided during the first quarter ended 31 March 2011: RM137,000.00

(ii) Paragraph 3.3 of Practice Note 11

As set out in the table attached below.

The provision of financial assistance as set out above does not have any significant impact on the earnings and cashflow of TCMH Group for the year ending 31 December 2011.

 

Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name TCHONG    
Date Announced 18 May 2011  
Category General Announcement
Reference No TC-110509-60374

Attachments

  1. TCHONG_180511.pdf (Size: 24,059 bytes)