VELOCITY

0.040

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PROVISION OF FINANCIAL ASSISTANCE

VELOCITY CAPITAL PARTNER BERHAD

Type Announcement
Subject PROVISION OF FINANCIAL ASSISTANCE
Description
Velocity Capital Partner Berhad ("Velocity") - Provision of Financial Assistance pursuant to 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”), the Board of Directors of Velocity wishes to announce the aggregate amount of financial assistance provided by its wholly-owned subsidiaries, Velocity Capital Sdn. Bhd. ("VCSB") and Velocity Direct Sdn. Bhd. ("VDSB"), both moneylending companies, pursuant to its ordinary course of business as at 31 December 2025 as set out below:-

 

Types of Financial Assistance Amount
(RM)
Loans extended to customers in the ordinary course of VCSB's business
236,128,821

Loans extended to customers in the ordinary course of VDSB's business
100,000

The provision of financial assistance as set out above have no material impact on the net assets and earnings per share of Velocity and its subsidiaries for the period ended 31 December 2025.

The details of the Provision of Financial Assistance pursuant to Paragraph 8.23(1)(ii) of the Listing Requirements are set out in the attachments.

This announcement is dated 23 February 2026.



Please refer attachment below.



Announcement Info

Company Name VELOCITY CAPITAL PARTNER BERHAD
Stock Name VELOCITY
Date Announced 23 Feb 2026
Category General Announcement for PLC
Reference Number GA1-20022026-00013