D & O Green Technologies Berhad (formerly known as D & O Ventures Berhad)
D & O GREEN TECHNOLOGIES BERHAD (FORMERLY KNOWN AS D & O VENTURES BERHAD) (“D&O”)
VARIATION BETWEEN THE ACTUAL VALUE AND THE ESTIMATED VALUE BY 10% OR MORE OF THE RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
We refer to D&O’s Circular to Shareholders in relation to the proposed renewal of and new Shareholders’ Mandate for recurrent related party transactions (“RRPT”) of a revenue or trading nature (“Proposed Shareholders’ Mandate”) dated 25 May 2009. The ordinary resolution on the Proposed Shareholders’ Mandate had been approved by the shareholders of D&O at the 5th Annual General Meeting held on 23 June 2009.
Pursuant to Paragraph 10.09 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Practice Note 12, D&O wishes to announce that the actual value of the RRPT as set out in Table 1 attached had exceeded the estimated value as disclosed in D&O’s Circular to Shareholders by more than 10%.
This announcement is dated 11 March 2010.
Announcement Details :
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