| 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 |
Further to the Company’s announcement on 12 November 2024 in relation to the above matter and pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securites Berhad, the Company wishes to announce that there was a further increase in the actual value transacted for the following recurrent related party transactions (“the said RRPT”) which were approved by the Company’s shareholders at the 60th Annual General Meeting held on 16 May 2024. As of 31 December 2024, the actual transacted value has exceeded the estimated value for the said RRPT as disclosed in the Circular to Shareholders dated 17 April 2024 (“Circular”) by approximately 80%.
| 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 December 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 | 3,593 | 1,593 | 80 | Increased in purchase of beverage products by the HEINEKEN Group |
This announcement is dated 12 February 2025.
| Company Name | HEINEKEN MALAYSIA BERHAD |
| Stock Name | HEIM |
| Date Announced | 12 Feb 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07022025-00028 |