200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) 30. 2023 2022 2023 2022 RM RM RM RM Purchase of quarry products from joint venture 7,442,892 1,555,248 - - Contract fee from: - a company related to certain directors 6,147,243 1,868,860 - - - joint ventures 11,241,544 13,685,367 - - Rental of land and building to companies related to certain directors 2,306,331 1,967,196 - - Rental of premise to a company related to certain directors 59,498 58,415 - - Rental income from: - a company related to certain directors - 28,202 - - - a joint venture 2,400 2,400 - - Service fee to: - a subsidiary - - 276,000 240,000 - a joint venture 77,167 85,076 - - - a company related to certain directors 1,500 - - - Landscaping and maintenance services from a company related to certain directors 14,100 12,925 - - Interest income from: - subsidiaries - - 4,893,149 4,654,715 - joint ventures 960,600 845,685 - - Interest expense to: - a corporate shareholder of a subsidiary 242,720 439,207 - - - joint ventures - 55,940 - - - a subsidiary - - 1,330,840 - Dividend income from subsidiaries - - 4,000,000 5,000,000 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) - 70 - NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 Kimlun Corporation Berhad 140
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