Announcements

Date : 12 December 2013

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS PROTASCO BERHAD (“PROTASCO” OR “COMPANY”) PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO SUBSIDIARY COMPANY

PROTASCO BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
DescriptionPROTASCO BERHAD (“PROTASCO” OR “COMPANY”)

PROPOSED PROVISION OF FINANCIAL ASSISTANCE TO SUBSIDIARY COMPANY
This announcement is dated 12 December 2013.
On behalf of the Board of Directors of Protasco (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company is proposing to provide financial assistance to Sun Rock Development Sdn Bhd (“SRDSB”), a 64%-owned subsidiary of Protasco in the form of loans, advances and/or corporate guarantees for loan facilities to be taken by SRDSB (“Proposed Provision of Financial Assistance”).

Please refer to the attached announcement for further details on the Proposed Provision of Financial Assistance.

Attachments

78491001.pdf
172 KB



Announcement Info

Company NamePROTASCO BERHAD  
Stock Name PRTASCO    
Date Announced12 Dec 2013  
CategoryGeneral Announcement
Reference NoMB-131212-64278

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