MKH Annual Report 2019

213 M K H B e r h a d 35. RELATED PARTY DISCLOSURES (CONT’D) (c) Related party transactions and balances of the Company The Company 2019 2018 RM RM Received or receivable from subsidiaries Gross dividend (30,903,675) (32,516,500) Interest income (20,717,522) (18,351,865) Paid or payable to subsidiaries Management fee 24,000 24,000 Secretarial fee 9,600 9,600 Information on outstanding balances with related companies of the Company are disclosed in Notes 18 and 28. (d) Related party transactions and balances of the Group The Group 2019 2018 RM RM Paid and payable to associate Progress billings 81,405,394 64,529,829 Received and receivables from associate Sale of goods 11,725,187 20,969,992 Received and receivable from company in  which a director has substantial equity interests Secretarial fees 1,080 1,440 Received and receivable from other related parties Progress billings to: (i) a corporate shareholder of a subsidiary - 3,487,536 (ii) a corporate in which a director of the  Company has substantial interests 133,900 - (iii) a person connected to a director of the  Company - 1,035,900 (iv) certain key management personnel of  the Group 230,380 855,668 Information on outstanding balances with related parties of the Group is disclosed in Notes 18 and 28. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019