MKH BERHAD | ANNUAL REPORT 2023 245 39. RELATED PARTY DISCLOSURES (CONT’D) (b) Key management personnel compensation T he key management personnel compensation is as follows: The Group 2023 2022 RM RM Directors of the Company Other short-term emoluments 13,171,011 12,905,904 Post-employment benefits 3,635,306 2,443,145 16,806,317 15,349,049 Directors’ fees 592,500 200,000 Estimated monetary value of benefits-in-kind 79,928 82,072 17,478,745 15,631,121 Other key management personnel Remuneration 10,577,367 9,499,843 Other short-term employee benefits 108,827 31,544 Total short-term employee benefits 10,686,194 9,531,387 Post-employment benefits 1,065,718 968,494 11,751,912 10,499,881 Total key management personnel compensation 29,230,657 26,131,002 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. (c) Related party transactions and balances of the Company The Company 2023 2022 RM RM Received or receivable from subsidiaries Gross dividend 104,684,000 90,304,250 Interest income 1,002,721 7,275,306 Paid or payable to subsidiaries Management fee 612,000 24,000 Secretarial fee 12,000 9,600 Information on outstanding balances with related companies of the Company is disclosed in Notes 20 and 31. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
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