MKH Annual Report 2017
33. CAPITAL COMMITMENTS As at 30 September 2017, the Group has the following capital commitments: The Group 2017 2016 RM RM Approved and contracted for 21,155,838 30,178,690 Approved and not contracted for 12,039,142 3,315,160 33,194,980 33,493,850 34. RELATED PARTY DISCLOSURES (a) Identity of related parties For the purposes of these financial statements, parties are considered to be related to the Group if the Group has the ability, directly or indirectly, to control the party or exercise significant influence over the party in making financial and operating decision, or vice versa, or where the Group and the party are subject to common control or common significant influence. Related parties may be individuals or other entities. The Group has a related party relationship with its subsidiaries, associates and key management personnel. (b) Key management personnel compensation The key management personnel compensation is as follows: The Group 2017 2016 RM RM Directors of the Company Other short-term emoluments 13,154,981 13,136,369 Estimated monetary value of benefits-in-kind 94,487 112,609 Total short-term employee benefits 13,249,468 13,248,978 Post-employment benefits 3,097,544 2,481,940 16,347,012 15,730,918 Notes to the Financial Statements For the Financial Year ended 30 September 2017 183 MKH Berhad • Annual Report 2017
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