Transactions (Chapter 10 Of Listing Requirements) : Recurrent Related Party Transactions

BackFeb 17, 2021
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description

MR D.I.Y. GROUP (M) BERHAD ("MDGM" or "THE COMPANY")

- RECURRENT RELATED PARTY TRANSACTIONS ("RRPTs")

Pursuant to Paragraph 10.09(1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the Board of Directors of MDGM wishes to announce that MDGM and/or its subsidiaries (“MDGM Group”) have entered into RRPTs with Mr D.I.Y. International Holding Ltd (“MDIH”) and its subsidiaries (“MDIH Group”), companies connected with the Directors/Major Shareholders of MDGM, and the aggregate value transacted of the RRPTs for the period from the date of admission to and listing of MDGM on 26 October 2020 (“Listing Date”) to 31 January 2021 has exceeded the percentage ratio of 1% of MDGM Group’s net assets of the Pro Forma Consolidated Statements of Financial Position as disclosed in the Prospectus pursuant to the initial public offering of MDGM.

 

Kindly refer to the attachment for further details.

 

This announcement is dated 17 February 2021.

 


Announcement Info

Company Name MR D.I.Y. GROUP (M) BERHAD
Stock Name MRDIY
Date Announced 17 Feb 2021
Category General Announcement for PLC
Reference Number GA1-17022021-00076

Attachments

  1. MDGM_Bursa_Announcement_-_RRPT.pdf (Size: 157,917 bytes)