Investor Relations

Transactions (Chapter 10 Of Listing Requirements):Recurrent Related Party Transactions
BackSep 24, 2014
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description Jaya Tiasa Holdings Berhad ("JTH") wishes to announce that the actual value of the RRPT transacted with the following related party pursuant to the existing shareholder mandate obtained on 28 November 2013 has exceeded the estimated value of the RRPT as disclosed in the Circular to Shareholders dated 6 November 2013 ("Circular"), by more than ten percent (10%). Further details are set out in the table below.

Name of Related Party Nature of RRPT Estimated Value as disclosed in the Circular Actual Value transacted from 31 December 2013 to 23 September 2014 Variation between actual value and estimated value Reason for the variation
Subur Tiasa Plywood Sdn Bhd ("STP") Sale of veneer by Jaya Tiasa Plywood Sdn Bhd RM15,000,000 RM17,766,944

RM2,766,944 (18.45%)

 Due to increased order of veneer by STP as its veneer plant is closed for maintenance.

 

Announcement Info

Company Name JAYA TIASA HOLDINGS BHD  
Stock Name JTIASA    
Date Announced 24 Sept 2014  
Category General Announcement
Reference No JT-140924-48737

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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