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PROVISION OF FINANCIAL ASSISTANCE

UNITRADE INDUSTRIES BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
UNITRADE INDUSTRIES BERHAD ("UIB" OR "THE COMPANY")
Quarterly Disclosure for the period ended 31 December 2023 pursuant to Rule 8.25(1)(b)(ii) and Guidance Note 4 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad

Pursuant to Rule 8.25(1)(b)(ii) of the Bursa Malaysia Securities Berhad's Listing Requirements and Guidance Note 4, the Board of Directors wishes to announce that the aggregate amount of financial assistance provided as at 31 December 2023, to facilitate its ordinary course of business as set out below:-

 

 

Type of Financial Assistance

Amount (RM’000)

 

Corporate Guarantees to Banks and Suppliers

45,450

Financial Assistance to subsidiary 

1,000

Total

46,450

 

The provision of financial assistance as set out above will have no additional significant impact on the UIB Group.

 

This announcement is dated 27 February 2024.    






Announcement Info

Company Name UNITRADE INDUSTRIES BERHAD
Stock Name UNITRAD
Date Announced 27 Feb 2024
Category General Announcement for PLC
Reference Number GA1-27022024-00098



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