NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023 (CONT’D) 40. KEY MANAGEMENT PERSONNEL COMPENSATION (CONT’D) The key management personnel compensation during the financial year are as follows (Cont’d):- THE GROUP THE COMPANY 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 (a) Directors (Cont’d) Directors of the subsidiaries Executive Directors Short-term employee benefits: - fees 1,374 1,409 - - - salaries, bonuses and other benefits 3,442 4,627 - - 4,816 6,036 - - Defined contribution benefits 414 648 - - Long-term employee benefits 50 97 - - 5,280 6,781 - - Total directors’ remuneration (Note 33) 32,472 32,276 452 441 The estimated monetary value of benefits-in-kind provided by the Group and the Company to the directors of the Company were RM176,000 and RM6,000 (2022 – RM160,000 and RM Nil) respectively. (b) Other Key Management Personnel THE GROUP THE COMPANY 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 Short-term employee benefits 4,499 4,501 - - Defined contribution benefits 678 635 - - Long-term employee benefits 110 107 - - Total compensation for other key management personnel 5,287 5,243 - - INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 217
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