We refer to our circular issued on 29 October 2008, the shareholders’ mandate for RRPT obtained on 20 November 2008 and our announcement made on 19 October 2009 in relation to the deviation between the estimated and actual RRPT value.
For the period from 21 November 2008 to 26 November 2009, the actual expenses incurred amounted to RM3,448,530, representing a further deviation of 16.2% (total deviation of 30.1%) between the estimated and actual RRPT value.
The reasons for the deviation are as follows:
1) increase in transport rates due to increase in fuel prices; and
2) increase in domestic sales volume by more than 10%.
This announcement is dated 17 December 2009. |