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Recurrent Related Party Transactions Of Revenue And Trading Nature

BackMar 01, 2010
Date Announced
:
 01/03/2010  




Type
:
 Announcement
Subject
:
RECURRENT RELATED PARTY TRANSACTIONS OF REVENUE AND TRADING NATURE

Contents
:
Pursuant to Paragraph 10.09 (2) (e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company informs that the actual value of Recurrent Related Party Transactions entered into with Tan Chong Motor Holdings Berhad Group ("TCMH Group") has exceeded more than 10% of the estimated value disclosed in the circular to shareholders dated 27 April 2009.

Announcement Details :

Estimated value as disclosed in the preceeding year's circular

(RM'000)

Actual value 

(RM'000)

 

Difference in 

Value

(RM'000)

Percentage

%

                                       72,113

                         86,752

                     14,639

                  20.30

 The increase in actual value was due mainly to the increase in the sale of parts and components supplied to the TCMH Group.

 

Attachments

  1. APM010310.pdf (Size: 8,159 bytes)