Bursa Announcements

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

BackMay 07, 2013
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description KPJ HEALTHCARE BERHAD (“KPJ” OR THE “COMPANY”)

VARIATION OF 10% OR MORE BETWEEN THE ACTUAL VALUE OF RECURRENT RELATED PARTY TRANSACTION ("RRPT") TRANSACTED THAN THE ESTIMATED AGGREGATED VALUE DISCLOSED IN 2012 MANDATE NEWAL OF THE SHARE BUY-BACK AUTHORITY; AND

PROPOSED RENEWAL OF SHAREHOLDERS’ MANDATE FOR EXISTING RECURRENT RELATED PARTY TRANSACTIONS (“RRPT”) OF A REVENUE OR TRADING NATURE
This announcement is dated 7 May 2013.
Pursuant to Paragraph 10.09(2)(e) Main Market Listing Requirement of Bursa Malaysia Securities Berhad (“Listing Requirements”), the Board of Directors of KPJ wishes to announce that the actual value of RRPT transacted pursuant to 2012 mandate has exceeded the estimated aggregated value disclosed in 2012 mandate of RRPT by more than 10%.

The details of the transaction are as follows:-


Nature of transaction
Transacting Party
Estimated aggregated value disclosed in 2012 mandate
Actual value transacted pursuant to 2012 mandate
Variation
(RM'000)
(RM'000)
(%)
Secretarial and registrar fees payable

Pro Corporate Management Services Sdn Bhd 180
245

36.11


The variation of the actual value of the secretarial and registrar fees payable to the abovementioned related company of KPJ exceeded the estimated value by more than 10% during the mandate period mainly due to
additional registrar fees incurred .

However, it should be noted that, except for the particular transactions above, KPJ did not exceed the estimated aggregate RRPT value by more than 10% during the mandate period.

 


Announcement Info

Company Name KPJ HEALTHCARE BERHAD  
Stock Name KPJ    
Date Announced 7 May 2013  
Category General Announcement
Reference No JC-130507-8C85C