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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 28, 2009
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.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 2009 as set out below:

(i) Paragraph 3.1 of Practice Note. 11/2001

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 2009: RM50,000.00

(ii) Paragraph 3.3 of Practice Note. 11/2001

As set out in the table 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 2009.

Announcement Info

Company Name TAN CHONG MOTOR HOLDINGS BERHAD  
Stock Name TCHONG    
Date Announced 28 May 2009  
Category General Announcement
Reference No TCM-090521-A9342

Attachments

  1. TCHONG_280509A.pdf (Size: 76,141 bytes)
Tan Chong Motor Holdings Berhad

Tan Chong Motor Holdings Berhad