Investor Relations

Recurrent Related Party Transactions Of A Revenue Or Trading Nature ("RRPT")
BackAug 16, 2010
Date Announced
:
 16/08/2010  




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 as shown in the Table below transacted during the period from 30 September 2009 (the date of the last Annual General Meeting) to 31 July 2010 has exceeded the Estimated Value disclosed 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 31 July 2010 Variation Reason for the variation
Binamewah Sdn Bhd Purchase of logs RM16,000,000 RM19,362,650 RM3,362,650 (21%) Due to higher logs prices

No.1-9, Pusat Suria Permata, Lorong Upper Lanang 10A, 96000 Sibu, Sarawak, Malaysia

T. +6084-213 255
F. +6084-213 855

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