Additional Compliance Information 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. Status of Utilisation Proceeds Raised from Corporate Proposal There was no issuance of units during FY2024. Audit and Non-Audit Fees For information, please refer to pages 181 and 117. Disclosure of Recurrent Related Party Transactions At an Annual General Meeting held on 25 April 2024, 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 Bursa Malaysia 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 2024 where the aggregate value of such RRPTs is equal to or more than RM1 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. Transacting Party Nature of transaction Nature of Relationship Value incurred from 29 Feb 2024 (LPD) to 31 Dec 2024 (RM’000) The aggregate value of transactions during the financial year (RM’000) JCorp Group Registrar and secretarial expenses JCorp is a major unitholder of Al-Salām. The Manager is also indirectly wholly-owned by JCorp. The Interested Directors (save for Dato' Haji Mohd Redza Shah bin Abdul Wahid) are deemed interested by virtue of them being the Directors of the Manager and being part of the Board and/or senior management of JCorp Group. 146 146 Rental income for renting of office lots at Menara KOMTAR and KOMTAR JBCC 3,273 4,037 Building management and maintenance related costs at Menara KOMTAR, KOMTAR JBCC and @MART KEMPAS. 2,180 2,616 Technical advisory in relation to project management - - 1 ABOUT US 151 3 SUSTAINABILITY STATEMENT 4 CORPORATE GOVERNANCE 5 OTHER INFORMATION 6 FINANCIAL STATEMENTS 2 BUSINESS OVERVIEW
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