Annual Report 2020

Additional RRPT (a) Transactions between QL Group and companies in which Mr. Chia Song Kun and person(s) connected to him have interests No. Nature of Transaction Related Parties Estimated Value from the date of the forthcoming AGM to the next AGM 1 (RM’000) 1. Sale of frozen fish by QL Marine Products Sdn. Bhd. M.B. Agriculture (Sandakan) Sdn. Bhd. 200 2. Sale of animal health product by QL Pacific Vet Group Sdn. Bhd. M.B. Agriculture (Sandakan) Sdn. Bhd. 200 Arena Dijaya Sdn. Bhd. 100 M.B. Agriculture (Sabah) Sdn. Bhd. 200 3. Provision of rental of property to QL Foods Credential Development Sdn. Bhd. 60 4. Purchase of raw fish by QL Fishmeal Sdn. Bhd. Sin Teow Fatt Trading Co. 20 Total 780 (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) 1. Sale of frozen fish by QL Marine Products Sdn. Bhd. M.B. Agriculture (Sandakan) Sdn. Bhd. 200 2. Sale of animal health product by QL Pacific Vet Group Sdn. Bhd. M.B. Agriculture (Sandakan) Sdn. Bhd. 200 Arena Dijaya Sdn. Bhd. 100 M.B. Agriculture (Sabah) Sdn. Bhd. 200 Total 700 Notes:- 1 The new estimated value is based on the Management’s estimate which takes into account the transacted amount for the financial year ended 31 March 2020 as well as the changing economic and competitive environment. Announcement will be made accordingly if the total actual value exceeds the total estimated value by 10% or more. Annual Report | 2020 QL Resources Berhad 230 Disclosure on Recurrent Related Party Transactions