RECURRENT RELATED PARTY TRANSACTIONS (PURSUANT TO PARAGRAPH 10.09(2)(B) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD) In addition to Note 41 - Related Party Disclosures in the Audited Financial Statements for the financial year ended 31 March 2023, the disclosure of the breakdown of the aggregate value of RRPTs incurred during FY2023 are as below:- No. Related Parties Relationship with MCHB Group Type of RRPT Based on Audited Account Actual Aggregate Value as at 31 March 2023 (RM) 1. Y&Y Mix Sdn Bhd Datin Yong Chou Lian, who is a substantial shareholder of Y&Y Mix Sdn Bhd, is a shareholder of the Company and the spouse of Dato’ Seri Lee Tian Hock. Yong Moi Noi, who is a director of Y&Y Mix Sdn Bhd, is the sister-in-law of Dato’ Seri Lee Tian Hock. Yong Ghee Kiat, Yong Ing Kiat, Yong Ah Chek and Yong Hwah Kiat who are substantial shareholders of Y&Y Mix Sdn Bhd, are the brothers-in-law to Dato’ Seri Lee Tian Hock. Supply ready mix concrete to Matrix Excelcon Sdn Bhd and Matrix IBS Sdn Bhd 29,590,531 2. Takrif Maksimum Sdn Bhd Dato’ Seri Lee Tian Hock, who is a substantial shareholder and director of Takrif Maksimum Sdn Bhd, is a substantial shareholder of the Company and its Group Executive Deputy Chairman. Datin Yong Chou Lian, who is a substantial shareholder and director of Takrif Maksimum Sdn Bhd, is the spouse of Dato’ Seri Lee Tian Hock. Rental of retail space to BSS Development Sdn Bhd to be utilised as its sales gallery 60,000 3. Reka Homes, RekaLight Sdn Bhd and Reka International Industries (M) Sdn Bhd (collectively, “Reka Group”) Dato’ Logendran A/L K Narayanasamy who is a director and substantial shareholder of Reka Group, is also the Non-Independent Non-Executive Director of MCHB and the director of several subsidiary companies of MCHB. Supply and deliver light fittings and accessories, fittings for buildings fixture and furniture 83,531 INTEGRATED ANNUAL REPORT 2023 MATRIX CONCEPTS HOLDINGS BERHAD 247
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