News

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 fourth quarter ended 31 December 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 fourth quarter ended 31 December 2011: RM164,000.00.

(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 ended 31 December 2011.