At the Annual General Meeting held on 1 April 2015, the Company obtained Shareholders’ Mandate to allow the
Group to enter into recurrent related party transactions of a revenue or trading nature.
In accordancewith Section 3.1.5of PracticeNoteNo. 12 of theBursaMalaysia Securities BerhadListingRequirements,
the details of recurrent related party transactions conducted during the financial year ended 31 December 2015
pursuant to the Shareholders’ Mandate are disclosed as follows:
Actual
Interested Director/
transactions
Related party
connected person
Nature of transactions
RM’000
Boustead Pelita
Pelita Holdings Sdn Bhd
Sales of Fresh Fruit Bunches to
55,754
Kanowit Sdn Bhd
Boustead Pelita Kanowit
Oil Mill Sdn Bhd
Boustead Holdings
Gen. Tan Sri Dato’ Mohd
General management,
1,855
Berhad
Ghazali Hj. Che Mat
internal audit and tax
consultancy
Tan Sri Dato’ Seri Lodin
Wok Kamaruddin
Datuk Zakaria Sharif
LTAT
Boustead Information Gen. Tan Sri Dato’ Mohd
Provision of computer services
1,686
Technology
Ghazali Hj. Che Mat
and purchase of computer
Sdn Bhd
equipment
Tan Sri Dato’ Seri Lodin
Wok Kamaruddin
Datuk Zakaria Sharif
LTAT
Boustead Petroleum Gen. Tan Sri Dato’ Mohd
Purchase of non-regulated
2,170
Marketing Sdn Bhd
Ghazali Hj. Che Mat
petroleum products
Tan Sri Dato’ Seri Lodin
Wok Kamaruddin
Datuk Zakaria Sharif
LTAT
Boustead Realty
Gen. Tan Sri Dato’ Mohd
Office rental at Menara Boustead
1,251
Sdn Bhd
Ghazali Hj. Che Mat
Tan Sri Dato’ Seri Lodin
Wok Kamaruddin
Datuk Zakaria Sharif
LTAT
recurrent related
party transactions
an n ual repo rt 2015
137
