OTHERS CJ CENTURY LOGISTICS HOLDINGS BERHAD ("CJ CENTURY" OR "THE COMPANY") - VARIATION BETWEEN THE ACTUAL VALUE OF RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE TRANSACTED FROM ESTIMATED VALUE
CJ CENTURY LOGISTICS HOLDINGS BERHAD |
Type | Announcement | ||||||||||||
Subject | OTHERS |
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Description | CJ CENTURY LOGISTICS HOLDINGS BERHAD ("CJ CENTURY" OR "THE COMPANY") - VARIATION BETWEEN THE ACTUAL VALUE OF RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE TRANSACTED FROM ESTIMATED VALUE |
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The Company had at its Twenty-Fourth Annual General Meeting held on 22 April 2021 obtained the mandate from its Shareholders for the Company and its subsidiaries (“CJ Group”) to enter into Recurrent Related Party Transactions of a Revenue or Trading Nature (“RRPT”) which are necessary for CJ Group’s day-to-day operations.
The RRPT was disclosed in the Company's Circular to Shareholders dated 30 March 2021 in relation to the Proposed Renewal of Existing Shareholders’ Mandate for RRPT and Proposed New Shareholders’ Mandate for New RRPT (“Circular”).
#CJ Logistics is the holding company of CJ Logistics Asia Sdn. Bhd., a Major Shareholder of the Company.
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Announcement Info
Company Name | CJ CENTURY LOGISTICS HOLDINGS BERHAD |
Stock Name | CJCEN |
Date Announced | 21 Feb 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-21022022-00022 |