PROVISION OF FINANCIAL ASSISTANCE
| XOX NETWORKS BERHAD |
| Type | Announcement | ||||
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
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| Description | XOX NETWORKS BERHAD ("XOX NETWORKS" OR THE "COMPANY")
- PROVISION OF FINANCIAL ASSISTANCE PURSUANT TO RULE 8.25(1)(ii) AND GUIDANCE NOTE 4 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS") |
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Pursuant to Rule 8.25(1)(ii) and Guidance Note 4 of the Listing Requirements, the Board of Directors of XOX Networks wishes to announce the aggregate amount of financial assistance provided by its wholly-owned subsidiary, PC3 Technology Sdn. Bhd. (“PC3”), a money lending company, pursuant to its ordinary course of business as at 31 December 2023 as set out below:
The provision of financial assistance as set out above have no significant impact on the net assets and earnings per share of XOX Networks Group for the period ended 31 December 2023.
The details of the provision of financial assistance pursuant to Rule 8.25(1)(ii) of the Listing Requirements are set out in the attachment.
This announcement is dated 27 February 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | XOX NETWORKS BERHAD |
| Stock Name | XOXNET |
| Date Announced | 27 Feb 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27022024-00011 |