The information set out below is disclosed in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Securities Commission’s Guidelines on Listed Real Estate Investment Trusts: SANCTIONS OR PENALTIES There was no public sanction or penalty imposed on the Manager by the relevant regulatory bodies during the financial year. STATUS OF UTILISATION PROCEEDS RAISED FROM CORPORATE PROPOSAL There was no issuance of new units during the FY2021. AUDIT AND NON-AUDIT FEES For more information, please refer to page 135. DISCLOSURE OF RECURRENT RELATED PARTY TRANSACTIONS At an Annual General Meeting held on 28 April 2021, the Company obtained a mandate from its shareholders (“Shareholders’ Mandate”) for recurrent related party transactions (“RRPTs”) of a revenue or trading nature. In compliance with Paragraph 10.09(2)(b) and Paragraph 3.1.5 of Practice Note 12 of the Main Market Listing Requirements of BursaMalaysia Securities Berhad (“MMLR”), such Shareholders’ Mandate is subject to annual renewal and the disclosure in the Annual Report of RRPTs conducted pursuant to the mandate during the financial year ended 31 December 2021 where the aggregate value of such RRPTs is equal to or more than RM1.0 million or 1% of the relevant percentage ratio for such transactions, whichever is the higher. Set out below are the relevant RRPTs for which Shareholders’ Mandate had been obtained together with a breakdown of the aggregate value of the RRPTs which had been conducted pursuant to the Shareholders Mandate and had met the prescribed threshold. ADDITIONAL COMPLIANCE INFORMATION Transacting Party Nature of transaction Nature of Relationship Value incurred from 8 March (LPD) to 31 December 2021 (RM’000) Aggregate value of transactions during the financial year (RM’000) KPJ Group Rental income for renting of, inter-alia, specialist hospitals, medical centres, aged care centre and college buildings KPJ is a 38.68% owned company of JCorp. KPJ and JCorp are also the major unitholders of Al-`Aqar. The Interested Directors are deemed persons connected to JCorp by virtue of them being the Directors of DRMSB nominated by JCorp and being part of the senior management of JCorp Group. Dato’ Haji Mohd Redza Shah bin Abdul Wahid and Shamsul Anuar bin Abdul Majid are also a director of both KPJ and DRMSB. 71,845 90,759 KPJ Group Advisory for, interalia, renovation and/ or upgrade of any refurbishment work to be undertaken at the hospitals; and property management fee 842 1,010 126 AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2021
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