QL Resources Bhd’s subsidiary has paid over 30 per cent more for transactions with a related party, it told Bursa Malaysia Bhd yesterday.
QL Endau Marine Products Sdn Bhd deviated from the amount approved by shareholders due to its belief that an increase in total vessels will increase total fish.
The deviation was also because the purchase of frozen fish from Timurikan is new for the subsidiary’s business for direct re-export.
QL Endau Marine Products Sdn Bhd deviated from the amount approved by shareholders due to its belief that an increase in total vessels will increase total fish.
The deviation was also because the purchase of frozen fish from Timurikan is new for the subsidiary’s business for direct re-export.
