TSM

1.240

(%)

TSM GLOBAL BERHAD (“TSM” or “Company”) RECURRENT RELATED PARTY TRANSACTIONS ("RRPT") OF A REVENUE OR TRADING NATURE PURSUANT TO PARAGRAPH 10.09(2)(e) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

TSM GLOBAL BERHAD

TypeAnnouncement
SubjectTSM GLOBAL BERHAD (“TSM” or “Company”)
RECURRENT RELATED PARTY TRANSACTIONS ("RRPT") OF A REVENUE OR TRADING NATURE PURSUANT TO PARAGRAPH 10.09(2)(e) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
ContentsReference is made to TSM's Circular to Shareholders relating to the Proposed Renewal Of Shareholders’ Mandate And Additional Mandate For Recurrent Related Party Transactions Of A Revenue Or Trading Nature ("Proposed Shareholders Mandate") dated 8 July 2009 ("the RRPT Circular"). The ordinary resolution on the Proposed Shareholders’ Mandate had been approved by the shareholders of TSM at the Annual General Meeting held on 30 July 2009.

Pursuant to Paragraph 10.09(2)(e) of Bursa Malaysia Securities Berhad Main Market Listing Requirements and Paragraph 2.5 of Practice Note 12, TSM now wishes to announce that the aggregate actual value of the RRPT transacted between TSM’s subsidiaries and Sumitomo Wiring System, Ltd Group (“SWS Group”), a major shareholder of J.K. Wire Harness Sdn Bhd (“JKWH”) and J.K. Sumi Wire Harness Sdn Bhd (“JK Sumi”), the subsidiaries of TSM, has exceeded the estimated value as disclosed in the RRPT Circular by more than 10%.


Announcement Info

Company NameTSM GLOBAL BERHAD  
Stock Name TSM    
Date Announced16 Jun 2010  
CategoryGeneral Announcement
Reference NoTG-100616-57470