246 MKH BERHAD | ANNUAL REPORT 2023 39. RELATED PARTY DISCLOSURES (CONT’D) (d) Related party transactions and balances of the Group The Group 2023 2022 RM RM Paid and payable to associate Progress billings 153,612,948 134,747,769 Paid and payable to non-controlling interests Interest expenses 639,414 79,364 Received and receivables from associate Sale of goods - 9,884 Received and receivable from company in which a director has substantial equity interests Secretarial fees 720 2,880 Received and receivable from other related parties Interest income - 1,110,191 Progress billings to: (i) director of the Company 658,000 658,000 (ii) indirect corporate shareholders of subsidiaries company - 14,997,388 (iii) certain key management personnel of the Group - 295,060 (iv) a person connected to a key management personnel of the Group 1,291,000 - Information on outstanding balances with related parties of the Group is disclosed in Notes 20 and 31. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2023
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