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PROVISION OF FINANCIAL ASSISTANCE

WCT HOLDINGS BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
WCT Holdings Berhad ("WCT" or "the Company")
- Provision of Financial Assistance

(1)  Financial Assistance

Pursuant to paragraph 8.23(1)(ii) and paragraph 3 of the Practice Note No. 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce the financial assistance rendered for the fourth quarter from 1 October 2021 to 31 December 2021 as set out in the table below.

 

(2)  Financial Effects

The financial assistance provided during the quarter does not have any material effect on the earnings, net assets and liquidity of WCT Group.

 

(3)  Directors’ or Major Shareholders’ Interest

None of the Directors or Major Shareholders of the Company or any person connected to the Directors and/or major Shareholders has any interest, direct or indirect, in the financial assistance transactions as set out below.

 

Type of Financial Assistance

Parties

For the period from 01.10.2021 to 31.12.2021

Cumulative Balance as at
31.12.2021

 

 

Company
(RM)

Group
(RM)

Company
(RM)

Group
(RM)

Non-interest
bearing advances

Sub-contractors

-

(1,998,647)

-

65,795,145

 

This announcement is dated 24 February 2022.






Announcement Info

Company Name WCT HOLDINGS BERHAD
Stock Name WCT
Date Announced 24 Feb 2022
Category General Announcement for PLC
Reference Number GA1-24022022-00065




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