MILUX

0.660

+0.01 (+1.5%)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS MILUX CORPORATION BERHAD (the "Company" or "MCB") - VARIATION BY 10% OR MORE BETWEEN AGGREGATED ACTUAL VALUE AND ESTIMATED VALUE OF RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

MILUX CORPORATION BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description
MILUX CORPORATION BERHAD (the "Company" or "MCB")
- VARIATION BY 10% OR MORE BETWEEN AGGREGATED ACTUAL VALUE AND ESTIMATED VALUE OF RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE

The Company had, at its Thirtieth Annual General Meeting (“30th AGM”) held on 23 June 2025, obtained the shareholders’ approval for the Proposed Renewal of Recurrent Related Party Transactions (“RRPTs”) Mandate for MCB and its subsidiaries (“the Group”) to enter into RRPTs which are necessary for the day-to-day operations of the Group, as disclosed in the Circular to Shareholders dated 30 April 2025 (“Circular”).

 

Pursuant to Paragraph 10.09(2)(e) of the Main Market Listing Requirements and Practice Note 12 of Bursa Malaysia Securities Berhad, the Board of Directors of MCB wishes to announce that the total actual value of the Mandated RRPT (“Total Actual Value”) has exceeded the total estimated value of the Mandated RRPT (“Total Estimated Value”) disclosed in the Circular by more than 10% (“Variation”).

 

Transacting Party(ies)

Mandated / Nature of RRPT

Estimated Value approved in the Circular

Actual Value transacted from 23 June 2025 to 31 January 2026

Variation

Reasons for the

Variation

Movon Sdn Bhd

Rental of office and warehouse 

(RM’000)

(RM’000)

(RM’000)

(%)

500

582

82

16.4

Actual stock level is higher than initial forecast due to increase in stock keeping unit (SKU).

 

The announcement is dated 5 February 2026.






Announcement Info

Company Name MILUX CORPORATION BERHAD
Stock Name MILUX
Date Announced 05 Feb 2026
Category General Announcement for PLC
Reference Number GA1-05022026-00010