MKH Berhad 201 Notes to the Financial Statements For the Financial Year Ended 30 September 2022 As at the reporting date, the Group has the following capital commitments: CAPITAL COMMITMENTS 38. 2022 RM 2021 RM The Group Approved and contracted for Approved and not contracted for 21,882,735 18,130,778 8,326,707 11,633,639 30,209,442 29,764,417 RELATED PARTY DISCLOSURES 39. (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. 2022 RM 2021 RM The Group Directors of the Company Other short-term emoluments 12,897,536 12,843,504 Post-employment benefits 2,455,128 2,443,145 Estimated monetary value of benefits-in-kind 84,606 82,072 15,437,270 15,368,721 25,445,610 25,868,602 15,352,664 15,286,649 Other key management personnel Remuneration 9,024,700 9,499,843 Other short-term employee benefits 30,533 31,544 Total short-term employee benefits 9,055,233 9,531,387 Post-employment benefits Total key management personnel compensation 953,107 968,494 10,008,340 10,499,881 (b) Key management personnel compensation The key management personnel compensation is as follows: Other key management personnel comprise persons other than the directors of Company, having authority and responsibility for planning, directing and controlling the activities of the Group, either directly or indirectly.
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