Investor Relations

Recurrent Related Party Transactions Of A Revenue Or Trading Nature ("RRPT")
BackJul 15, 2010
Date Announced
:
15/07/2010  




Type
:
Announcement
Subject
:
RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT")

Contents
:
Pursuant to paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the actual value of the RRPT transacted during the period from 30 September 2009 (the date of the last Annual General Meeting) to 30 June 2010 as shown in the Table below has exceeded the Estimated Value stated in the shareholders' Circular dated 8 September 2009 by more than 10% .

Announcement Details :

 

 

Name of Related Party Type of RRPT Estimated value as disclosed in the Circular Actual value transacted from 30 September 2009 to 30 June 2010 Variation Reason for the variation
RH Selangau Palm Oil Mill Sdn Bhd Sale of fresh fruit bunches (FFB) RM11,000,000 RM14,167,775 RM3,167,775 (28.8%) Due to increase in FFB production.