SPRITZER

2.220

-0.03 (-1.3%)

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 announcements dated 9 July 2020 and 16 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 disclosed below, and the aggregate amount of such RRPT is RM4,472,000 or 1.0769% of the percentage ratio calculation (based on the audited accounts for the financial year ended 31 December 2019) for the period from 16 July 2020 to 26 July 2020:-

Related Parties with whom Spritzer Group is transacting

Nature of Transactions

Amount of transactions (RM’000)

Yee Lee Oils and Foodstuffs (Singapore) Pte Ltd 

Purchase of bottled water from Spritzer Group

101

Yee Lee Corporation Bhd. and its subsidiary companies 

Purchase of PET bottles from Spritzer Group

200

Purchase of toothbrushes from Spritzer Group

25

Purchase of bottled water from Spritzer Group

3,558

Sales of carton boxes to Spritzer Group

41

Cactus Marketing Sdn. Bhd. 

Purchase of bottled water from Spritzer Group

169

YLTC Sdn. Bhd. 

Purchase of bottled water from Spritzer Group

378

The RRPT is not subject to the approval of shareholders as the cumulative aggregated transactions from 1 July 2020 to 26 July 2020 amounted to RM13,322,000 or 3.2081% of the percentage ratio calculation. Shareholders’ mandate will be sought if the percentage ratio is 5% and above.

This announcement is dated 27 July 2020.






Announcement Info

Company Name SPRITZER BHD
Stock Name SPRITZER
Date Announced 27 Jul 2020
Category General Announcement for PLC
Reference Number GA1-24072020-00060