39. RELATED PARTY DISCLOSURES (a) Sale and purchase of services In addition to the transactions and balances detailed elsewhere in the financial statements, the Group and the Company had the following significant transactions at terms agreed between the related parties during the financial year: Group Company 2024 RM’000 2023 RM’000 2024 RM’000 2023 RM’000 Income received/receivable from Asset consultancy services fees received from: – related companies 29,021 25,969 – – – associates 33,843 40,075 – – Infrastructure maintenance fees received from: – related companies 804,904 874,555 – – Facilities management fees received from: – related companies 95,425 99,912 – – Rental received from: – a subsidiary – – 9,800 9,800 – an associate – 134 – – Expenses paid/payable to Rendering of services by: – immediate holding company (10,000) (10,000) – – – a subsidiary – – (16,544) (18,220) – related companies (1,821) (8,128) – – – associates (13,788) (17,042) – – Rental paid to: – immediate holding company (966) (1,044) (947) (1,032) – related company (9,142) (9,142) (9,142) (9,142) – a subsidiary – – (556) (515) All other significant intercompany transactions have been disclosed in Note 22 and 36. Related parties referred to: – subsidiaries, associates and joint venture of the Company and their subsidiaries; – Khazanah Nasional Berhad, the ultimate holding Company, its subsidiaries and associates excluding subsidiaries of the Company; – those companies controlled, jointly controlled and significantly influenced by the Government of Malaysia, other than those mentioned above; – directors and key management personnel having authority and representation for planning, directing and controlling the activities of the Company and their close family members; – enterprises owned by directors and key management personnel; and – enterprises that have a member of key management in common with the Company. The directors are of the opinion that all the transactions above have been entered into in the normal course of the business and have been established on mutually agreed terms and conditions. Notes to the Financial Statements For the year ended 31 December 2024 UEM EDGENTA BERHAD 354 Integrated Annual Report 2024
RkJQdWJsaXNoZXIy NDgzMzc=