Recurrent Related Party
Transactions (RRPT)
Breakdown of recurrent related party transactions (‘RRPT’) of a revenue or trading nature conducted
with Sarawak Plantation Agriculture Development Sdn. Bhd. (SPAD), the Company’s wholly owned
subsidiary pursuant to shareholders’ mandate during the financial year are as follows:
Name of
Relationship
Nature of
Aggregated
related parties
transactions
Amount
RM
Danawa Resources
Datuk Amar Abdul Hamed bin Sepawi
Rental and annual
471,064
Sdn Bhd
is a director of SPB and also major
support fee for
shareholder of Danawa Resources Sdn Bhd satellite broadband
services
Intuitive Systems
Datuk Amar Abdul Hamed bin Sepawi
Software support,
272,791
Sdn Bhd
is a director of SPB and his sister
customisation and
is a Director and shareholder of maintenance fee for
Intuitive Systems Sdn Bhd
Estate Management
System (EMS)
KUB Sepadu
Datuk Amar Abdul Hamed bin Sepawi
Purchase of fresh 19,851,357
Sdn Bhd
is a director of SPB and a shareholder fruit bunches
of Medan Sepadu Sdn Bhd, a company
which holds 30% equity interest in KUB
Sepadu Sdn Bhd
Polit bin Hamzah is a director of SPB and
also a director of KUB Sepadu Sdn Bhd
SARAWAK PLANTATION BERHAD
|
145
|
Annual Report 2014
