Annual Report 2020

Classes of Related Parties The Proposed Renewal of and New RRPT Mandate will apply to the following Related Parties: (i) Sin Teow Fatt Trading Co is a sole proprietorship dealing with marine products, sundry goods and ice and it is owned by Mr. Cheah Yaw Song who is also Director of QL Foods Sdn. Bhd. ( “QL Foods” ), QL Fishmeal Sdn. Bhd. and members of the Chia Family. (ii) Fusipim Sdn. Bhd. ( “Fusipim” ) is a company involved in processing of frozen and non-frozen seafood, operation of cold storage and warehouse as well as powder based products. The Directors and shareholders of Fusipim are Madam Chia Kah Chuan and her spouse Mr. Eng Seng Poo. Madam Chia Kah Chuan is a member of the Chia Family. (iii) Cheah Joo Kiang Enterprise is a sole proprietorship established by Mr. Cheah Joo Kiang, which is engaged in the trading of fish ball. Mr. Cheah Joo Kiang is the son of Mr. Cheah Yaw Song and the brother of Mr. Cheah Juw Teck. Mr. Cheah Yaw Song and Mr. Cheah Juw Teck are Directors of QL Foods and shareholders of QL. (iv) Keang Huat Trading Sdn. Bhd. ( “KH” ) is a trading company of all kinds of hardware, marine engines, fishing and other related activities. KH is a Major Shareholder (10.88%) of QL Endau Marine Products Sdn. Bhd. ( “QLEMP” ). Mr. SimChin Swee is a Director and Major Shareholder of both KH and QLEMP. QLEMP is 70.59% owned by QL. (v) Perikanan Sri Tanjung Sdn. Bhd. ( “PST” ) is a company engaged in manufacturing, trading and processing of deep sea fish, diesel and provision of transportation services. Mr. Sim Chin Swee is a Director of Endau Group and Major Shareholder of QLEMP. He is also a Director of PST and has indirect interests in PST via his children. Whereas, Mr. Heng Hup Peng is a Director of Endau Group and shareholder of QLEMP as well as a Director and Major Shareholder of PST. (vi) Timurikan Trengganu Marine Products Sdn. Bhd. ( “TTMP” ) is a company engaged in marine products manufacturing, trading of edible fishes, frozen fishes and other aquatic animals. Mr. Sim Chin Swee is a Director of Endau Group and Major Shareholder of QLEMP. He is also a Director of TTMP and has indirect interest in TTMP via his child. Whereas, Mr. Heng Hup Peng is a Director of Endau Group and shareholder of QLEMP as well as a Director and Major Shareholder of TTMP. (vii) M.B. Agriculture (Sabah) Sdn. Bhd. ( “MB (Sabah)” ) is engaged in livestock farming and is 77.67% and 22.33% owned by Imbangan Lestari Sdn. Bhd. ( “Imbangan” ) and Farsathy Holdings Sdn. Bhd. ( “Farsathy” ) respectively. Imbangan is a wholly-owned subsidiary of CBG (L) Foundation ( “CBG Foundation” ), an entity that has indirect interests in QL via CBG (L) Pte. Ltd. (“ CBG (L) ”), a Major Shareholder of QL. Farsathy is also a Major Shareholder of QL. (viii) C-Care Enterprise Sdn. Bhd. ( “C-Care” ) is engaged in businesses of wholesale and retail of sundry and other consumable goods and frozen foods. Mr. Chia Soon Hooi and his spouse Madam Low Sok Peng are Directors and shareholders of C-Care. Mr. Chia Soon Hooi is the son of Mr. Chia Teow Guan and the brother of Mr. Chia Mak Hooi. Mr. Chia Teow Guan is a Director of QL Foods and member of the Chia Family whereas Mr. Chia Mak Hooi is a Director and shareholder of QL. (ix) Arena Dijaya Sdn. Bhd. ( “Arena” ) is engaged in livestock farming and is 77.67% and 22.33% owned by Imbangan and Farsathy respectively. Imbangan is a wholly-owned subsidiary of CBG Foundation, an entity that has indirect interests in QL via CBG (L), a Major Shareholder of QL. Farsathy is also a Major Shareholder of QL. Disclosure on Recurrent Related Party Transactions