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201
Maxis Berhad
Annual Report 2014
Disclosure of
Recurrent Related Party Transactions
At an Extraordinary General Meeting held on 7 May 2014, the Company obtained a mandate from its shareholders (“Shareholders’
Mandate”) for recurrent related party transactions (“RRPTs”) of a revenue or trading nature.
In compliance with Paragraph 10.09(2)(b) and Paragraph 3.1.5 of Practice Note 12 of the MMLR of Bursa Malaysia Securities Berhad,
such Shareholders’ Mandate is subject to annual renewal and the disclosure in the Annual Report of RRPTs conducted pursuant to the
mandate during the financial year ended 31 December 2014 where the aggregate value of such RRPTs is equal to or more than RM1
million or 1% of the relevant percentage ratio for such transactions, whichever is the higher.
Set out below are the relevant RRPTs for which Shareholders’ Mandate had been obtained together with a breakdown of the aggregate
value of the RRPTs which had been conducted pursuant to the Shareholders Mandate and met the prescribed threshold.
Please refer to the Note on the Interested Related Parties and Nature of Relationship.
No.
Company
in the
Maxis Group
involved
Transacting Parties Nature of transaction
Value incurred
from 1 January
2014 to 6 May
2014
(RM’000)
Value incurred
from 7 May
2014 to 31
December 2014
(RM’000)
Aggregate value
of transactions
during the
financial year
(RM’000)
Transactions with Astro Holdings Sdn. Bhd. (“AHSB”) Group
1. Maxis Mobile
Services
Sdn. Bhd.
(“MMSSB”)
Astro Digital 5 Sdn.
Bhd. (“AD5SB”)
Provision of services and content to
MMSSB to provide premium SMS/WAP/
MMS content to Maxis subsribers
549
1,595
2,144
2. MMSSB AD5SB
Provision of services as MMSSB’s (i)
exclusive content aggregator, publishing
and advertising agency services provider
across Maxis’ Internet properties (other
than mobile properties and IPTV services);
(ii) exclusive advertising agency services
provider for IPTV services; and (iii) non-
exclusive content aggregator, publishing
and advertising agency services provider
across Maxis’ mobile properties
1,778
1,033
2,811
3. Maxis
Broadband
Sdn. Bhd.
(“MBSB”)
Measat Broadcast
Network Systems
Sdn. Bhd.
(“MBNS”)
Provision of 1300 inbound telephony
solutions by MBSB
2,430
1,468
3,898
4. MBSB
MBNS
Provision of managed communication
services by MBSB
9,966
18,794
28,760
5. MMSSB MBNS
Provision of external content provider
aggregator services to MBNS to provide
premium SMS/WAP/MMS/CRT/3G
content to Maxis subscribers
66
Nil
66
6. MBSB
MBNS, AD5SB,
Astro Radio Sdn.
Bhd. (“ARSB”) and
AHSB’s affiliates
Provision of leased circuits/DIA/Metro-E
by MBSB
880
1,716
2,596
