Annual Report 2020

(b) Transactions between QL Group and companies in which Mr. Chia Seong Pow/Mr. Chia Seong Fatt and person(s) connected to them have interests No. Nature of Transaction Related Parties Estimated Value from the date of the forthcoming AGM to the next AGM 1 (RM’000) Mandate obtained from last year’s AGM (RM’000) Actual transacted value for the period from 30 August 2019 to 31 July 2020 (RM’000) Actual transacted value for the financial year ended 31 March 2020 (RM’000) 1. Sale of animal feed and lubricant by QL Agrofood Sdn. Bhd. M.B. Agriculture (Sabah) Sdn. Bhd. 20,000 20,000 17,945 16,700 2. Sale of animal feed and purchase of packing material by QL Group Arena Dijaya Sdn. Bhd. 4,020 4,020 4,315 3,584 3. Sale of animal feed, chicken part, egg, sundries, broiler, meat/frozen food and organic fertilizer as well as purchase of rawmaterial and packing material by QL Group M.B. Agriculture (Sandakan) Sdn. Bhd. 9,900 9,900 8,624 7,858 4. Purchase of fresh fruit bunch and ERP fertilizer by QLP 900 850 441 413 5. Purchase of fresh fruit bunch by QLP Highglobal Properties Sdn. Bhd. 400 300 274 233 6. Sale of organic fertilizer by QL Farms Group 80 80 — — 7. Purchase of fresh fruit bunch by QLP Total Icon Sdn. Bhd. 300 200 141 140 8. Sale of organic fertilizer by QL Farms Group 40 40 — — Total 35,640 35,390 31,740 28,928 Annual Report | 2020 QL Resources Berhad 228 Disclosure on Recurrent Related Party Transactions