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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 first quarter from 1 January 2022 to 31 March 2022 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 01.01.2022 to 31.03.2022

Cumulative Balance as at
31.03.2022

 

 

Company
(RM)

Group
(RM)

Company
(RM)

Group
(RM)

Non-interest
bearing advances

Sub-contractors

-

(1,481,503)

-

64,313,642

 

This announcement is dated 26 May 2022.






Announcement Info

Company Name WCT HOLDINGS BERHAD
Stock Name WCT
Date Announced 26 May 2022
Category General Announcement for PLC
Reference Number GA1-26052022-00054




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