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Pursuant to
Paragraph 10.09(1)(a) of the Bursa Malaysia Securities Berhad’s Listing
Requirements (“BMLR”), the Board of Directors (“Board”) of D & O
Green Technologies Berhad (“D&O” or “the Company”) wishes to
announce the recurrent related party transaction as per Appendix A.
The principal activity of Dominant is manufacturing of semiconductor
components and machineries. The principal activities of D&O are
investment holding and provision of management services to its
subsidiaries.
The recurrent related party transactions are made in the ordinary
course of business on normal commercial terms, which are not more
favorable to the related party than those, generally available to the
public. Additionally, it helps the group to reduce its overhead by
pulling support functions of the operating subsidiaries.
Save as disclosed, none of the other directors and/or major
shareholders and persons connected to them, have any direct or indirect
interest in the above transaction. |
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