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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS Success Transformer Corporation Berhad ("STC" or "the Company") - Recurrent Related Party Transactions of a Revenue or Trading Nature

SUCCESS TRANSFORMER CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description
Success Transformer Corporation Berhad ("STC" or "the Company") - Recurrent Related Party Transactions of a Revenue or Trading Nature

Unless otherwise defined, the definitions used in this announcement shall have the same meanings as previously defined in the earlier announcement in relation to the same.

 

Further to the Company's announcement made on 23 July 2021, the Board of Directors of STC wishes to announce on the recurrent related party transactions of a revenue or trading nature ("RRPTs") entered into by Ningbo Success Zhenye Luminaire Limited Liabilities Company, a 60% owned subsidiary of STC, with Ningbo Ruitao New Material Technology Limited Company, of which the aggregate value transacted of the RRPTs has exceeded the prescribed limit of 1% of the consolidated net assets in respect of transactions entered into from 2 March 2021 (being the date of the first transaction) to 2 November 2021 pursuant to paragraph 10.09(1)(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.


Please refer to the attached file for the full text of the announcement.

 

This announcement is dated 2 November 2021.

 




Please refer attachment below.

Attachments

RRPT.pdf
481.7 kB



Announcement Info

Company Name SUCCESS TRANSFORMER CORPORATION BERHAD
Stock Name SUCCESS
Date Announced 02 Nov 2021
Category General Announcement for PLC
Reference Number GA1-02112021-00071




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