FORGING AHEAD - Tradewinds Plantation Berhad

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74 CORPORATE GOVERNANCE ADDITIONAL COMPLIANCE INFORMATION 13. Disclosure of Recurrent Related Party Transactions of a Revenue or Trading Nature (RRPT) The RRPT entered into by the Group during the financial year ended 31 December 2010 are disclosed as follows:- NATURE OF TRANSACTIONS RELATED PARTIES NATURE OF RELATIONSHIP WITH THE GROUP AND COMPANY PROVISION OF PLANTATION MANAGEMENT AND ADVISORY SERVICES Plantation manager and agent Tradewinds Agro Services Sdn Bhd SALE OF FRESH FRUIT BUNCHES Vendor Amalan Pelita Pasai Sdn Bhd PROCUREMENT OF TRANSPORTATION SERVICES Purchaser Ladang Petri Tenggara Sdn Bhd PROCUREMENT OF MANAGEMENT AND ADVISORY SERVICES Purchaser Tradewinds Plantation Berhad TRADEWINDS PLANTATION BERHAD Annual Report 2010 Plantation owner Retus Plantation Sdn Bhd (“Retus”) Purchaser Retus Vendor JP Logistics Sdn Bhd (“JPL”) Vendor Tradewinds (M) Berhad (“TWM”) Retus is a 60% subsidiary of TWM. JPL is a 100% owned subsidiary of Johor Port Berhad which is a company related to Tan Sri Dato’ Seri Syed Mokhtar, pursuant to Section 6A of the Companies Act, 1965. TWM is a major shareholder and the holding company of the Company. AGGREGATE VALUE OF THE TRANSACTIONS FOR THE YEAR ENDED 31 DECEMBER 2010 (RM’000) 2,660 7,114 341 1,200
NATURE OF TRANSACTIONS RELATED PARTIES NATURE OF RELATIONSHIP WITH THE GROUP AND COMPANY SALE OF CRUDE PALM OIL AND PALM KERNEL Vendors Ladang Permai Sdn Bhd Ladang Serasa Sdn Bhd PURCHASE OF GERMINATED OIL PALM SEEDS Purchasers Pertanian Johor Tenggara Sdn Bhd Teon Choon Realty Company Sdn Bhd Ladang Petri Tenggara Sdn Bhd Quek Shin & Sons Pte Ltd Melur Gemilang Sdn Bhd Usaha Wawasan Sdn Bhd Purchaser Felda Marketing Services Sdn Bhd (“FMS”) Vendor Felda Agricultural Services Sdn Bhd (“FAS”) FMS and FAS are companies related to Felda Global Ventures Holdings Sdn Bhd which in turn is the Company’s indirect major shareholder CORPORATE GOVERNANCE AGGREGATE VALUE OF THE TRANSACTIONS FOR THE YEAR ENDED 31 DECEMBER 2010 (RM’000) 17,346 41,500 41 45 105 38 32 162 TRADEWINDS PLANTATION BERHAD Annual Report 2010 75
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Level 9, Menara HLA No. 3, Jalan Ki
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CORPORATE GOVERNANCE 56 Statement o
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4 STATUTORY REPORTING NOTICE OF ANN
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NOTICE OF ANNUAL GENERAL MEETING AN
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8 STATUTORY REPORTING STATEMENT ACC
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GROUP FINANCIAL HIGHLIGHTS 2010 200
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STRATEGIC INVESTMENTS We will remai
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16 CORPORATE INFORMATION FINANCIAL
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18 CORPORATE INFORMATION CORPORATE
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20 CORPORATE INFORMATION BOARD OF D
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22 CORPORATE INFORMATION BOARD OF D
Page 26 and 27: 24 CORPORATE INFORMATION BOARD OF D
Page 28 and 29: 26 CORPORATE INFORMATION TRADEWINDS
Page 30 and 31: 28 CORPORATE INFORMATION MANAGEMENT
Page 32 and 33: 30 CORPORATE INFORMATION GROUP CORP
Page 35: STRATEGIC DIVERSIFICATIONS Through
Page 38 and 39: 36 PERFORMANCE REVIEW CHAIRMAN’S
Page 46 and 47: 44 PERFORMANCE REVIEW BuSINESS REvI
Page 48 and 49: BuSINESS REvIEW By CHIEF EXECuTIvE
Page 54: STRATEGIC EXPERTISE As our sights a
Page 58 and 59: 56 CORPORATE GOVERNANCE STATEMENT O
Page 64 and 65: DIRECTORS’ REMUNERATION The remun
Page 70 and 71: 68 CORPORATE GOVERNANCE AUDIT COMMI
Page 72 and 73: AUTHORITY The Audit Committee shall
Page 74 and 75: 72 CORPORATE GOVERNANCE ADDITIONAL
Page 78: STRATEGIC INNOVATIONS We are commit
Page 82 and 83: 80 CORPORATE SOCIAL RESPONSIBILITY
Page 90: STRATEGIC REACH We are increasing t
Page 93 and 94: DIRECTORS’ REPORT The Directors h
Page 95 and 96: DIRECTORS’ BENEFITS Since the end
Page 97 and 98: SIGNIFICANT EVENTS DURING THE FINAN
Page 99 and 100: STATEMENT BY DIRECTORS In the opini
Page 101 and 102: REPORT ON OTHER LEGAL AND REGULATOR
Page 103 and 104: LIABILITIES Non-current liabilities
Page 105 and 106: Group Company 2010 2009 2010 2009 (
Page 107 and 108: Equity Share Share component Retain
Page 109 and 110: CASH FLOWS FROM INVESTING ACTIVITIE
Page 111 and 112: NOTES TO THE FINANCIAL STATEMENTS 3
Page 113 and 114: 4. SIGNIFICANT ACCOUNTING POLICIES
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4. SIGNIFICANT ACCOUNTING POLICIES
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5. ADOPTION OF NEW FRSs AND AMENDME
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6. SIGNIFICANT ACCOUNTING ESTIMATES
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6. SIGNIFICANT ACCOUNTING ESTIMATES
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7. PROPERTY, PLANT AND EQUIPMENT (c
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9. INVESTMENTS IN SUBSIDIARIES (con
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11. INVESTMENT IN A JOINTLY CONTROL
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13. GOODWILL ON CONSOLIDATION At co
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15. TRADE AND OTHER RECEIVABLES FIN
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15. TRADE AND OTHER RECEIVABLES (co
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17. NON-CURRENT ASSETS HELD FOR SAL
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19. RESERVES (continued) (c) Supple
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21. BORROWINGS Current liabilities
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24. IRREDEEMABLE CONVERTIBLE UNSECU
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25. ISLAMIC DEBT SECURITIES - SECUR
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26. DEFERRED TAX (continued) Recogn
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27. TRADE AND OTHER PAYABLES Trade
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28. REVENUE Group Company 2010 2009
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30. PROFIT BEFORE TAX (continued) A
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32. EARNINGS PER ORDINARY SHARE ATT
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34. ACQUISITION OF SUBSIDIARIES 201
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34. ACQUISITION OF SUBSIDIARIES (co
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35. OPERATING SEGMENTS (continued)
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35. OPERATING SEGMENTS (continued)
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36. FINANCIAL INSTRUMENTS (continue
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36. FINANCIAL INSTRUMENTS (continue
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37. FINANCIAL RISk MANAGEMENT OBJEC
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38. RELATED PARTY DISCLOSURES (cont
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38. RELATED PARTY DISCLOSURES (cont
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42. SIGNIFICANT EVENTS SUBSEQUENT T
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44. OPENING STATEMENT OF FINANCIAL
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PLANTATION REvIEW OIL PALM 2010 200
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mATERIAL PROPERTIES Of TRADEWINDS P
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Company/ Location/Address HS(D) 389
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Company/ Location/Address Country L
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Company/ Location/Address Lot No. 0
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ANALySIS Of SHAREHOLDINgS AS AT 25
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LIST OF THIRTY (30) LARGEST SHAREHO
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ANALySIS Of IRREDEEmABLE cONvERTIBL
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SUBSTANTIAL ICULS HOLDER Name Direc
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SOUTHERN PENINSULAR REGION Regional
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MIRI REGION Regional Office c/o Lad
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Proxy Form I / We _________________
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FORGING AHEAD - Tradewinds Plantation Berhad

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