MKH Annual Report 2017
34. RELATED PARTY DISCLOSURES (continued) (d) Related party transactions and balances of the Group The Group 2017 2016 RM RM Paid and payable to associate Progress billings 40,345,628 3,475,401 Received and receivables from associate Sales of goods 8,868,706 84,456 Rental income 2,145,388 2,145,388 Rental of premises and car parking fees 48,352 28,552 Received and receivable from company in which a director has substantial equity interest Secretarial fees 1,080 1,590 Received and receivable from other related parties Progress billings to: (i) certain directors of the Company - 80,600 (ii) a corporate shareholder of a subsidiary 387,504 - (iii) a corporate in which a director of the Company has substantial interest 774,121 2,266,698 (iv) a person connected to a director of the Company 1,516,221 875,100 (v) certain key management personnel of the Group - 1,336,997 Information on outstanding balances with related parties of the Group is disclosed in Note 19 and Note 27. Notes to the Financial Statements For the Financial Year ended 30 September 2017 185 MKH Berhad • Annual Report 2017
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