NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 251 OUR SUSTAINABILITY APPROACH HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION 37. SIGNIFICANT RELATED PARTY TRANSACTIONS AND BALANCES (CONT’D.) Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Transactions (cont’d.) Income earned (cont’d.): Rental of premises: - Subsidiaries - - 1,524 1,545 - Related company 352 348 352 348 Rental of car park: - Subsidiaries - - 269 252 - Related company 21 22 21 22 Referral and cost sharing fees: - Subsidiary - - 3,365 454 Expenditure incurred: Interest on deposits and placements: - Subsidiaries - - 4,273 3,684 - Key management personnel 92 25 92 25 - Related company 11,022 5,436 11,022 5,436 - Other related party 662 1,003 662 1,003 Rollover fees - Related company 144 171 144 171 Interest on debt securities products: - Subsidiary - - 11,902 12,609 Staff training cost: - Subsidiaries - - 100 111 Direct placement cost: - Subsidiary - - 1,812 8,260 Management fees expenses - Subsidiary - - 1,491 - Other expenses: - Subsidiary - - - 1
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