Pursuant to Paragraph 10.09(2)(e) Main Market Listing Requirement of Bursa Malaysia Securities Berhad, the Board of Directors of KPJ wishes to announce that the actual value of RRPT transacted pursuant to 2011 Mandate for one of the related company of KPJ has exceeded the estimated aggregated value disclosed in the same by more fhan 10%.
Details of the transactions are as follows :
|
Nature of Transaction
|
Transacting Party
|
Estimated aggregated value disclosed in 2011 Mandate (RM'000)
|
Actual value transacted pursuant to 2011 Mandate (RM'000)
|
Variation
(%)
|
Security services fees
payable |
Teraju Fokus Sdn Bhd |
2,909
|
3,766
|
29.46
|
The variation which exceeded the estimated value by more than 10% during the mandate period was mainly attributable by the increase in the hourly wage rate for the security services provided.
However, it should be noted that, except for the particular transaction above, KPJ did not exceed the estimated aggregate RRPT value by more than 10% during the mandate period.
This announcement is dated 14 May 2012
