MSM Malaysia Holdings Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 35 SIGNIFICANT RELATED PARTYTRANSACTIONS (CONTINUED) (a) Significant transactions with related parties Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 (i) Transactions with FGVH: - management fees: - current year 7,776 7,697 1,531 1,628 - adjustment in respect of prior year (827) (955) - - - sales of refined sugar - (47) - - - other services 2 116 22 116 6,951 6,811 1,553 1,744 (ii) Transactions with FHB and subsidiaries of FHB: - security services (FSS) 1,491 1,300 4 24 - provision of plantation material (FPM) - 2 - - - other services 3,366 615 179 226 (iii) Transactions with KPF: - sales of refined sugar (3,418) (10,774) - - - insurance service 301 34 - - - purchase of agro chemical - 170 - - (iv) Transaction with D’Saji - provision of refreshment 70 62 70 62 (v) Transaction with FELDA - rental 653 784 653 784 (vi) Transaction with Felda Engineering - installation and construction of utilities building 5,792 41,830 - - MSM Malaysia Holdings Berhad | Annual Report 2019 206

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