200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 31. 2022 2021 2022 2021 RM RM RM RM Purchase of quarry products from joint venture 1,555,248 - - - Contract fee from: - a company related to certain directors 1,868,860 4,667,754 - - - joint ventures 13,685,367 295,180,492 - - Rental of land and building to companies related to certain directors 1,967,196 2,008,011 - - Rental of premise to a company related to certain directors 58,415 14,494 - - Rental income from: - a company related to certain directors 28,202 13,800 - - - a joint venture 2,400 - - - Service fee to: - a subsidiary - - 240,000 - - a joint venture 85,076 - - - Landscaping and maintenance services from a company related to certain directors 12,925 14,690 - - Disposal of property, plant and equipment to a joint venture - 2,480,000 - - Interest income from: - subsidiaries - - 4,654,715 1,457,807 - joint ventures 845,685 142,086 - - Interest expense to: - a corporate shareholder of a subsidiary 439,207 254,597 - - - joint ventures 55,940 158,568 - - - a subsidiary - - - 142,119 Dividend income from subsidiaries - - 5,000,000 13,520,000 In addition to the related party information disclosed elsewhere in the financial statements, the following significant transactions between the Group and related parties took place at terms agreed between the parties during the financial year (cont'd): Group Company Related party disclosures (cont'd) - 89 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 Annual Report 2022 154
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