Provision of Financial Assistance pursuant to paragraph 8.23(1)(ii) and Practice Note No. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad
BackMay 24, 2007
| Type | Announcement |
| Subject | Provision of Financial Assistance pursuant to paragraph 8.23(1)(ii) and Practice Note No. 11/2001 of the Listing Requirements of Bursa Malaysia Securities Berhad |
Contents :
Pursuant to paragraph 8.23(1)(ii) and Practice Note No. 11/2001 of the 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 2007 as set out below:-
(i) Paragraph 3.1 of Practice Note. 11/2001
|
Amount of loan provided for the
first quarter ended 31 March 2007 (RM'000) |
| Loans extended to customers in the ordinary course of TCCR's business as a licensed money lender |
5,094
|
(ii) Paragraph 3.3 of Practice Note. 11/2001
As set out in the tabled attached below.
The provision of financial assistance as set out above would not have any significant impact to the earnings and cashflow of TCMH Group for the year ending 31 December 2007.
Announcement Info
| Company Name | TAN CHONG MOTOR HOLDINGS BERHAD |
| Stock Name | TCHONG |
| Date Announced | 24 May 2007 |
| Category | General Announcement |
| Reference No | TC-070524-8BE16 |
Attachments
- TCHONG_240507a.doc (Size: 46,080 bytes)