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Fima CORPORATION Berhad
(197401004110) (21185-P) •
Annual Report 2020
96
Additional Disclosure
Pursuant to the Bursa Listing Requirements, additional disclosure by the Company is as follows:-
Recurrent Related Party Transactions of Revenue or Trading Nature (“RRPT”)
RRPT of the Company for the FYE2020 was as follows:-
Name of
Subsidiary
Related
Party
Nature of
RRPT
Interested Major
Shareholder and
Director of Subsidiary
Estimated
Annual Value
Disclosed in the
Preceding Year’s
Circular
(RM’000)
Actual Value of
Transactions during
the Financial Year
(RM’000)
PT Nunukan
Jaya Lestari
(“PTNJL”)
(1)
PT Pohon
Emas Lestari
(“PTPEL”)
(2)
Purchase of
fresh fruit
bunches
Buyer:
PTNJL
Seller:
PTPEL
Muhammad Ramli
(3)
Asmi Andi Yakin
(4)
10,000
5,925
Notes:-
(1) PTNJL’s principal activities are in the oil palm production and processing. FimaCorp effectively owns 80.0% of PTNJL;
(2) PTPEL’s principal activity is oil palm production;
(3) Muhammad Ramli is a Director of PTNJL and has 5% direct shareholding in PTNJL. He is also a Director of PTPEL and has 99% direct
shareholding in PTPEL; and
(4) Asmi Andi Yakin is a Board of Commissioner of PTNJL and has 15% direct shareholding in PTNJL. She is also a Director of PTPEL.