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Bursa Announcements

Date : 28 August 2013

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RECURRENT RELATED PARTY TRANSACTIONS TH PLANTATIONS BERHAD ("THP" or "the Company") - RECURRENT RELATED PARTY TRANSACTIONS

TH PLANTATIONS BERHAD

TypeAnnouncement
SubjectTRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
DescriptionTH PLANTATIONS BERHAD ("THP" or "the Company") - RECURRENT RELATED PARTY TRANSACTIONS
The Company wishes to announce that the Actual Value of Recurrent Related Party Transactions ("RRPTs") entered into by the Company has exceeded 10% of the Estimated Value as disclosed in the Company's Circular to Shareholders dated 27 April 2013. The details of the RRPTs are as follows:
Related Parties
Estimated Value of RRPTs as Disclosed in Circular to Shareholders dated
27 April 2013
Actual Value of RRPTs as at
30 June 2013
Deviation
Reasons for Deviation
Amount
%
Syarikat Takaful Malaysia Berhad
RM1,658,000
RM2,148,000
RM490,000
29.5%
Additional insurance premium payable for newly acquired subsidiaries i.e. TH Ladang (Sabah & Sarawak) Sdn. Bhd.'s group, TH Bakti Sdn. Bhd., Bumi Suria Ventures Sdn. Bhd. and Maju Warisanmas Sdn. Bhd.


Announcement Info

Company NameTH PLANTATIONS BERHAD  
Stock Name THPLANT    
Date Announced28 Aug 2013  
CategoryGeneral Announcement
Reference NoTP-130826-61025
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