FAQ 10.22

Related party transactions

10.22	Must a listed corporation immediately announce all related party transactions?

	A listed corporation must immediately announce all the following related party transaction:

	(a)	related party transactions which do not fall within the category of recurrent related party transaction of a revenue or trading nature and necessary for its day to day operations ("RRPT") and -

		(i)	the value of the consideration of the transaction is RM200,000 or more; and

		(ii)	the percentage ratio of such related party transaction is 0.25% or more; and

	(b)	RRPTs which are not comprised in a valid mandate from its shareholders ("Mandate") and -

		(i)	the consideration, value of the assets, capital outlay or costs of the RRPT is RM1 million or more; or

		(ii)	the percentage ratio of such RRPT is 1% or more,

		whichever is the lower ("Prescribed Limit").

FAQ 10.22 // <![CDATA[ _spBodyOnLoadFunctionNames.push("setupPageDescriptionCallout"); // ]]>