Additional Compliance Information Disclosure of Recurrent Related Party Transactions (Cont'd) 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) DASB Property Management Sdn Bhd (“DASBPMSB”) (formerly known as Synergy Mall Management Sdn Bhd (“SMMSB”)) Property services fee which include, inter-alia, building management and maintenance and lease and tenancy administration DASBPMSB is a 82.67% owned subsidiary of DASB, the holding company of the Manager. DASB is a wholly-owned subsidiary of JCorp. DASB and JCorp are also the major unitholders 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. Datuk Sr. Akmal bin Ahmad is the Director of the Manager, Director of DASB and also part of the senior management of JCorp Group. 3,347 3,910 KPJ Group Rental income for renting of college building at Bandar Dato’ Onn, Johor JCorp has a total of 43.38% direct and indirect interest in KPJ. KPJ (through JCorp) and JCorp are also the major unitholders 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. Dato' Haji Mohd Redza Shah bin Abdul Wahid and Shamsul Anuar bin Abdul Majid are the Directors of the Manager and also Directors of KPJ. 1,918 2,301 QSR Group Rental income from renting of KFC and Pizza Hut outlets and nonrestaurant properties QSR is a 56.00% owned company of JCorp. 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. Shamsul Anuar bin Abdul Majid is the Director of QSR and also Director of the Manager. 15,913 19,098 Aggregate Value of Transactions 26,778 32,108 152 AL-SALĀM REIT ANNUAL REPORT 2024
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