LAGENDA

1.250

(%)

PROVISION OF FINANCIAL ASSISTANCE

LAGENDA PROPERTIES BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
LAGENDA PROPERTIES BERHAD ("LPB" OR "THE COMPANY")
QUARTERLY DISCLOSURE ON THE PROVISION OF FINANCIAL ASSISTANCE

Pursuant to paragraph 8.23(1)(ii) and Practice Note 11/2001 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of the Company wishes to announce that the aggregate amount of financial assistance provided during the quarter ended 30 September 2024 to facilitate the ordinary course of business of LPB Group is tabulated below:

 

Type of Financial Assistance

Aggregrate Amount as at

30 September 2024

(RM'000)

Corporate guarantee in favour of a financial institution for banking facilities utilised by a third party to facilitate development rights granted to LPB Group 77,509

 

The provision of financial assistance as set out above has no material impact on the earnings and net assets of LPB Group for the financial period ended 30 September 2024. 

 

This announcement is dated 25 November 2024.






Announcement Info

Company Name LAGENDA PROPERTIES BERHAD
Stock Name LAGENDA
Date Announced 25 Nov 2024
Category General Announcement for PLC
Reference Number GA1-25112024-00089