MKH Annual Report 2019

212 A N N U A L R E P O R T 2 0 1 9 35. RELATED PARTY DISCLOSURES (a) Identity of related parties For the purposes of these financial statements, parties are considered to be related to the Group if the Group has the ability, directly or indirectly, to control the party or exercise significant influence over the party in making financial and operating decision, or vice versa, or where the Group and the party are subject to common control or common significant influence. Related parties may be individuals or other entities. The Group has a related party relationship with its subsidiaries, associates and key management personnel. (b) Key management personnel compensation The key management personnel compensation is as follows: The group 2019 2018 RM RM Directors of the Company Other short-term emoluments 12,983,860 13,414,660 Post-employment benefits 2,474,828 2,558,920 15,458,688 15,973,580 Estimated monetary value of benefits-in-kind 103,592 100,653 15,562,280 16,074,233 Other key management personnel Remuneration 9,007,441 9,497,906 Other short-term employee benefits 30,405 199,825 Total short-term employee benefits 9,037,846 9,697,731 Post-employment benefit 1,073,095 1,182,846 10,110,941 10,880,577 Total key management personnel compensation 25,673,221 26,954,810 Other key management personnel comprises persons other than the directors of Company, having authority and responsibility for planning, directing and controlling the activities of the Group, either directly or indirectly. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019