MKH Annual Report 2020

213 MKH BERHAD 38. RELATED PARTY DISCLOSURES (CONT’D) (c) Related party transactions and balances of the Company The Company 2020 RM 2019 RM Received or receivable from subsidiaries Gross dividend (51,012,000) (30,903,675) Interest income (19,336,424) (20,717,522) Paid or payable to subsidiaries Management fee 24,000 24,000 Secretarial fee 9,600 9,600 Information on outstanding balances with related companies of the Company is disclosed in Notes 20 and 30. (d) Related party transactions and balances of the Group The Group 2020 RM 2019 RM Paid and payable to associate Progress billings 30,866,460 81,405,394 Received and receivables from associate Sale of goods 121,950 11,725,187 Received and receivable from company in which a director has  substantial equity interests Secretarial fees 1,440 1,080 Received and receivable from other related parties Progress billings to: (i) a corporate in which a director of the Company has  substantial interests - 133,900 (ii) certain key management personnel of the Group 666,240 230,380 (iii) a person connected to a key management personnel of the  Group 302,150 - Information on outstanding balances with related parties of the Group is disclosed in Notes 20 and 30. Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2020