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. 279 38. RELATED PARTY DISCLOSURES (CONT’D) (d) Related party transactions and balances of the Group The Group 2024 2023 RM RM Paid and payable to associate Progress billings 156,733,178 153,612,948 Paid and payable to former non-controlling interests Interest expenses 1,132,053 639,414 Received and receivable from company in which a director has substantial equity interests Secretarial fees - 720 Received and receivable from other related parties Progress billings to: (i) director of the Company - 658,000 (ii) indirect corporate shareholders of subsidiaries company 4,204,700 - (iii) 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.

RkJQdWJsaXNoZXIy NDgzMzc=