AL-SALAM REIT ANNUAL REPORT 2020

104 AL-SALĀM REIT Transacting Party Nature of transaction Nature of Relationship Value incurred from 25 June to 31 Dec 2020 (RM’000) Aggregate value of transactions during the financial year (RM’000) KPJ Group Rental income for renting of college building at Bandar Dato’ Onn, Johor(ii) KPJ is a 38.68% owned company of JCorp. KPJ and JCorp are also major unitholders of Al-Salām. The Manager is also indirectly wholly-owned by JCorp. 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’ Hj. Mohd Redza Shah Abdul Wahid and En Shamsul Anuar Abdul Majid are also a director of both KPJ and DRMSB 1,310 2,550 QSR Group Rental income from renting of KFC and Pizza Hut outlets and non-restaurant properties QSR is a 56% associate company of JCorp. The Manager is also indirectly wholly-owned by JCorp. 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. 9,971 19,351 Premier Revenue Sdn Bhd (PRSB) Takaful coverage PRSB, is a wholly-owned subsidiary of the Manager. PRSB is the takaful agent for the takaful operator which insures properties of Al-Salam REIT managed by DRMSB. The Directors of PRSB are Wan Azman Bin Ismail, the Director of the Manager; and Shahril Zairis Bin Ramli who is part of the senior management team of the Manager. 244 475 Aggregate Value of Transactions 17,833 34,661 ADDITIONAL COMPLIANCE INFORMATION