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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS STELLA HOLDINGS BERHAD ("STELLA" OR "THE COMPANY") - RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

STELLA HOLDINGS BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description
STELLA HOLDINGS BERHAD ("STELLA" OR "THE COMPANY")
- RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

Pursuant to Paragraph 10.09(1)(b) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors of Stella wishes to announce that Mewah Kota Sdn Bhd, a wholly-owned subsidiary of the Company has entered into recurrent related party transactions of a revenue or trading nature (“RRPT”) with Y&Y Mix Sdn Bhd and Pembinaan Karisma Perwira Sdn Bhd, companies connected with a Director/Major Shareholder of Stella.

The aggregate consideration of the RRPT for the period from 23 October 2021 to 28 July 2022 has exceeded the percentage ratio of 1% of the total audited consolidated net asset of the Company as at 31 March 2022.

Please refer to the attachement for further details.

This announcement is dated 2 August 2022.




Please refer attachment below.

Attachments

Stella- RRPT 020822.pdf
235.6 kB



Announcement Info

Company Name STELLA HOLDINGS BERHAD
Stock Name STELLA
Date Announced 02 Aug 2022
Category General Announcement for PLC
Reference Number GA1-02082022-00032