GUH

0.365

-0.005 (-1.4%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS GUH Holdings Berhad ("GUH" or "the Company") Deviation pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

GUH HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description 
GUH Holdings Berhad ("GUH" or "the Company")
Deviation pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

The Board of Directors of GUH wishes to announce that the actual value of the following Recurrent Related Party Transaction ("RRPT") has exceeded the estimated value of the RRPT disclosed in the Circular to Shareholders dated 24 April 2019 ("Estimated Value") of GUH:-

 

 

 

 

Transacting Party of GUH Group

 Related party to whom GUH Group is transacting (Transacting Party)

 

 

 

 

Nature of Transaction

 

 

 

Estimated Value

RM

Actual Value of RRPT as at 25 February 2020

RM

 

 

 

 

 

Variance

RM

 

 

 

 

 

Variance

%

GUH Circuit Industry (PG) Sdn Bhd.

(Recipient)

Kyosha Precision Engineering Sdn. Bhd. 

(Provider)

 Provision of precision engineering and fabrication of parts 1,500,000.00 1,688,706.54 168,706.54 11.25

 

The above variance was due to high demand of drill bits, to fulfill the higher average hole counts of products.


This announcement is dated 25 February 2020.

 



Announcement Info

Company Name GUH HOLDINGS BERHAD
Stock Name GUH
Date Announced 25 Feb 2020
Category General Announcement for PLC
Reference Number GA1-25022020-00072


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