MKH Annual Report 2021

208 Annual Report 2021 38. RELATED PARTY DISCLOSURES (CONT’D) (c) Related party transactions and balances of the Company The Group 2021 2020 RM RM Received or receivable from subsidiaries Gross dividend (72,500,000) (51,012,000) Interest income (15,452,738) (19,336,424) Paid or payable to subsidiaries Management fee 24,000 24,000 Secretarial fee 9,600 9,600 I nformation 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 2021 2020 RM RM Paid and payable to associate Progress billings 78,746,015 30,866,460 Received and receivables from associate Sale of goods - 121,950 Received and receivable from company in which a director has substantial equity interests Secretarial fees 1,980 1,440 Received and receivable from other related parties Progress billings to: (i) director of the Company 1,730,000 - (ii) indirect corporate shareholders of subsidiaries company 6,190,663 1,157,925 (iii) certain key management personnel of the Group 3,690,120 666,240 (iv) a person connected to a key management personnel of the Group 181,350 302,150 I nformation 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 2021

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