MKH Annual Report 2018

183 MKH Berhad Annual Report 2018 33. CAPITAL COMMITMENTS As at the reporting date, the Group has the following capital commitments: The Group 2018 2017 RM RM Approved and contracted for 19,009,639 21,155,838 Approved and not contracted for 21,007,796 12,039,142 40,017,435 33,194,980 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 2018 2017 RM RM Directors of the Company Other short-term emoluments 13,414,660 13,154,981 Post-employment benefits 2,558,920 3,097,544 15,973,580 16,252,525 Estimated monetary value of benefits-in-kind 100,653 94,487 16,074,233 16,347,012 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2018