Transactions (Chapter 10 Of Listing Requirements) : Recurrent Related Party Transactions

BackNov 12, 2024
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description Heineken Malaysia Berhad ("the Company") - Deviation between actual transacted value and estimated value of recurrent related party transactions

Pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securites Berhad, the Company wishes to announce that the following recurrent related party transactions (“the said RRPT”) that were approved by the Company’s shareholders at the Company’s 60th Annual General Meeting held on 16 May 2024 has exceeded the estimated value for the said RRPT as disclosed in the Circular to Shareholders dated 17 April 2024 (“Circular”) by more than 10%:

 

 

Name of transacting 

related parties

 

 

 

Nature of Transaction

Estimated 

Transaction Value as disclosed in the Circular 

RM’000

 

Actual value transacted from 16 May 2024 to 31 October 2024

RM’000

 

 

 

Variation in value 

RM’000

 

 

 

Variation in percentage

%

 

 

 

Reason for the variation

Heineken NV and its subsidiaries and associated companies (collectively HEINEKEN Group)

Sale of beverage  products to the HEINEKEN Group

2,000

3,500

1,500

75

Increased in purchase of beverage products by the HEINEKEN Group

This announcement is dated 12 November 2024.


Announcement Info

 

Company Name HEINEKEN MALAYSIA BERHAD
Stock Name HEIM
Date Announced 12 Nov 2024
Category General Announcement for PLC
Reference Number GA1-11112024-00049