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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS VARIATION BY 10% OR MORE BETWEEN AGGREGATED ACTUAL VALUE AND ESTIMATED VALUE OF RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT")
FAR EAST HOLDINGS BERHAD
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description
VARIATION BY 10% OR MORE BETWEEN AGGREGATED ACTUAL VALUE AND ESTIMATED VALUE OF RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT")
FAR EAST HOLDINGS BERHAD ("FEHB" or "the Company")
VARIATION BY 10% OR MORE BETWEEN AGGREGATED ACTUAL VALUE AND ESTIMATED VALUE OF RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT")
Further to the announcement made on 2 March 2026 in respect of the variation between the aggregated actual value of RRPT and aggregated estimated value of RRPT by 10% or more, the Company wishes to announce that the aggregated actual value of the RRPT entered between FEHB and its subsidiaries ("FEHB Group") and Endau Palm Oil Mill Sdn. Bhd. has further exceeded the aggregated estimated value of RRPT disclosed in the Circular to Shareholders dated 30 April 2025 by more than 10%.
The details of the variation are set out as follows:
Related party
Nature of RRPTs
Estimated value as disclosed in the Circular
("Aggregated Estimated Value")
Actual value of RRPTs transacted from 18 June 2025 to 31 January 2026
(announced on 2 March 2026)
Actual value of RRPTs transacted from 18 June 2025 to 28 February 2026
(Aggregated Actual Value")
Variance between Aggregated Estimated Value and Aggregated Actual Value
Explanation of Variation
RM'000
RM'000
RM'000
RM'000
%
Endau Palm Oil Mill Sdn. Bhd. ("EPOM")
Sales and purchases of CPO and PK
33,538
42,807
46,895
13,357
39.83*
The reason for deviation of 39.83% for EPOM is due to the operational nature of the business as higher volume had been transacted by EPOM during the period.
* includes variation of 27.64% announced on 2 March 2026