MKH Annual Report 2024

Notes to the Financial Statements for the Financial Year Ended 30 September 2024 Sustaining Lives, Empowering Communities Governance That Inspires Confidence Financial Insights Through Numbers Empowering Ownership PG. 277 37. CAPITAL COMMITMENTS As at the reporting date, the Group has the following capital commitments: The Group 2024 2023 RM RM Approved and contracted for 1,695,089 10,307,995 Approved and not contracted for 30,521,447 21,834,897 32,216,536 32,142,892 38. RELATED PARTY DISCLOSURES (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. (b) Key management personnel compensation T he key management personnel compensation is as follows: The Group 2024 2023 RM RM Directors of the Company Other short-term emoluments 14,776,147 13,171,011 Post-employment benefits 1,214,302 3,635,306 15,990,449 16,806,317 Directors’ fees 970,000 592,500 Estimated monetary value of benefits-in-kind 80,457 79,928 17,040,906 17,478,745

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