TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS SPRITZER BHD - RECURRENT RELATED PARTY TRANSACTION
SPRITZER BHD |
Type | Announcement | |||||||||||||||||||||
Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
|||||||||||||||||||||
Description | SPRITZER BHD - RECURRENT RELATED PARTY TRANSACTION |
|||||||||||||||||||||
The terms used herein, unless the context otherwise stated, shall bear the same meaning as those defined in the earlier announcement in relation to RRPT. Following the announcement dated 9 July 2020, Spritzer Bhd. (“Spritzer” or “Company”) wishes to announce that Spritzer Group had in the ordinary course of its business, entered into RRPT with the related parties as disclosed below, and the aggregate amount of such RRPT is RM4,301,000 or 1.0359% of the percentage ratio calculation (based on the audited accounts for the financial year ended 31 December 2019) for the period from 9 July 2020 to 15 July 2020:-
The RRPT is not subject to the approval of shareholders as the cumulative aggregated transactions from 1 July 2020 to 15 July 2020 amounted to RM8,850,000 or 2.1312% of the percentage ratio calculation. Shareholders’ mandate will be sought if the percentage ratio is 5% and above. This announcement is dated 16 July 2020. |
Announcement Info
Company Name | SPRITZER BHD |
Stock Name | SPRITZER |
Date Announced | 16 Jul 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-16072020-00020 |