TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS AVALAND BERHAD ("AVALAND" OR "THE COMPANY") - RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT")
| AVALAND BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RECURRENT RELATED PARTY TRANSACTIONS |
| Description | AVALAND BERHAD ("AVALAND" OR "THE COMPANY")
- RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT") |
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Pursuant to Paragraph 10.09(1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Avaland wishes to announce that interest incurred amounting to RM11,121,420.00 for the period from 1 January 2025 to 31 December 2025 in respect of Recurrent Related Party Transactions with its major shareholder, Ayaland Land, Inc. has exceeded the prescribed 1% threshold.
Please refer to the attachment for further details.
The announcement is dated 19 January 2026. |
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Please refer attachment below.
Announcement Info
| Company Name | AVALAND BERHAD |
| Stock Name | AVALAND |
| Date Announced | 19 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16012026-00047 |