CAB

0.560

-0.01 (-1.8%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS CAB CAKARAN CORPORATION BERHAD ("CAB" OR "THE COMPANY") RECURRENT RELATED PARTY TRANSACTIONS - VARIATION BETWEEN ACTUAL VALUE AND ESTIMATED VALUE BY 10% OR MORE

CAB CAKARAN CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description
CAB CAKARAN CORPORATION BERHAD ("CAB" OR "THE COMPANY")
RECURRENT RELATED PARTY TRANSACTIONS - VARIATION BETWEEN ACTUAL VALUE AND ESTIMATED VALUE BY 10% OR MORE

At the 23rd Annual General Meeting (“AGM”) held on 24 March 2025, CAB obtained the mandate from its shareholders for CAB  and its subsidiary Farm’s Best Food Industries Sdn. Bhd (“FBFI”) to enter into recurrent related party transactions of revenue or trading nature (“RRPT”) which are necessary for FBFI day to day operations (“Mandated RRPT”), as disclosed in the Circular to Shareholders dated 27 January 2025 (“Circular”).

 

Pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of CAB wishes to announce that the total actual value of the Mandated RRPT (“Total Actual Value”) has exceeded the total estimated value of the Mandated RRPT (“Total Estimated Value”) disclosed in the Circular by more than 10% (“Variation”):

 


Total Estimated Value approved at AGM

 

Total Actual Value transacted from 24 March 2025 to 6 February 2026

Difference between Total Actual Value and Total Estimated Value

 

(RM)

(RM)

(RM)

(%)

550,000.00

694,227.85

144,227.85

 

26.22

 

Further details on the Variation are as follows:-

Transacting Party

Nature of Transaction

Estimated Value of Transaction from the 23rd AGM to the date of the next AGM in 2026 

 

Actual Value transacted from 24 March 2025 to 6 February 2026

Difference between Total Actual Value and Total Estimated Value

 

Reasons for the

Variation

 

 

(RM)

(RM)

(RM)

(%)

CAB Group and FBFI

(f) Purchase of Feed from FBFI

550,000.00

694,227.85

144,227.85

26.22

Due to the increase in purchase of feed from FBFI as a result of the increase of farming activities in Southern region of Malaysia.

 

 

This announcement is dated 6 February 2026

 






Announcement Info

Company Name CAB CAKARAN CORPORATION BERHAD
Stock Name CAB
Date Announced 06 Feb 2026
Category General Announcement for PLC
Reference Number GA1-27112025-00065