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Provision Of Financial Assistance
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | UEM Sunrise Berhad ("UEM Sunrise" or the "Company") Provision of Financial Assistance pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad |
Pursuant to Paragraph 8.23(1)(ii) and Practice Note 11 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Listing Requirements”), we wish to announce the aggregate amount of financial assistance provided by the Company’s wholly-owned subsidiary, Nusajaya Rise Sdn Bhd, a licensed moneylending company (previously undertaken by UEM Land Berhad) pursuant to its ordinary course of moneylending business as at 31 December 2024 as set out below:
| Type of Financial Assistance | During the quarter ended 31 December 2024 (RM) | Cumulative Balance* as at 31 December 2024 (RM) |
| Unsecured Term Loan | RM 25,613 | RM2,627,423 |
Note: * Inclusive of the outstanding balance of the financial assistance provided by UEM Land Berhad, previously a licensed moneylending company.
The above provision of financial assistance had no significant impact on the net assets and earnings per share of UEM Sunrise Group for the financial year ended 31 December 2024.
The details of the provision of financial assistance as at 31 December 2024 pursuant to Paragraph 8.23(2)(e) of the Listing Requirements are set out in the attachment.
This announcement is dated 20 February 2025.
Please refer attachment below.
Announcement Info
| Company Name | UEM SUNRISE BERHAD |
| Stock Name | UEMS |
| Date Announced | 20 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20022025-00001 |
Attachments
- Provision_FA_Q4_FY2024.pdf (Size: 458,366 bytes)