• 1-9 Pusat Suria Permata, Lorong Upper Lanang 10A, 96000 Sibu, Sarawak, Malaysia

Investor Relations

Transactions (Chapter 10 Of Listing Requirements) : Recurrent Related Party Transactions
BackSep 13, 2017
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 24 November 2016 has exceeded the estimated value of the RRPT as disclosed in the Circular to Shareholders dated 28 October 2016 ("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 30 November 2016 to 31 August 2017 Variation between actual value and estimated value Reason for the variation
R H Selangau Palm Oil Mill Sdn Bhd ("RHSPOM") Sale of fresh fruit bunches (FFB) by wholly-owned subsidiary, Hariyama Sdn Bhd (HSB) RM4,000,000 RM4,766,591 RM766,591 (19.16%) Due to HSB's new mill undergoing testing,commissioning and fine tuning, therefore need to sell the excess FFB to RHSPOM.

 




Announcement Info

Company Name JAYA TIASA HOLDINGS BHD
Stock Name JTIASA
Date Announced 13 Sep 2017
Category General Announcement for PLC
Reference Number GA1-13092017-00014

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

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