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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RECURRENT RELATED PARTY TRANSACTIONS Heineken Malaysia Berhad ("the Company")
- Deviation between actual transacted value and estimated value of recurrent related party transactions
HEINEKEN MALAYSIA BERHAD
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description
Heineken Malaysia Berhad ("the Company")
- Deviation between actual transacted value and estimated value of recurrent related party transactions
Further to the Company's announcement dated 11 February 2026 regarding the above matter, and in accordance with Paragraph 10.09(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company hereby notifies that the following recurrent related party transactions ("the said RRPT"), approved by shareholders at the 61st Annual General Meeting on 7 May 2025, have exceeded the estimated values disclosed in the Circular to Shareholders dated 8 April 2025 ("Circular") by more than 10%:
Name of transacting
related parties
Nature of Transaction
Estimated
Transaction Value as disclosed in the Circular
RM'000
Actual value transacted from 7 May 2025 to 18 May 2026
RM'000
Variation in value
RM'000
Variation in percentage
%
Reason for the variation
Heineken NV and its subsidiaries and associated companies (collectively HEINEKEN Group)
Fees paid/payable for professional services provided by HEINEKEN Group.
75,000
83,984
8,984
12
The increase is primarily attributable to higher digital service support fees arising from the implementation of the Digital Backbone project, a digital transformation initiative aimed at leveraging data, streamlining processes, and enhancing innovation to support long-term growth.
Fees received/receivable from the HEINEKEN Group for professional services which include market research and analysis, trade and marketing advisory, innovation development and other support services.
1,000
2,811
1,811
181
Provision of additional support services to operating companies within the HEINEKEN Group.