SECTION 4: FINANCIAL PERFORMANCE 198Registration No: 199301009307 (264044-M) 60 20. REVENUE (CONT’D) Management fee income Management fees are recognised when the services are rendered. Customer loyalty rewards The Group operates the customer loyalty programme, which allows customers to accumulate points for future redemption when they purchase products or services at the Group’s stores. The consideration received from the sale of goods is allocated to the goods sold and the points issued that are expected to be redeemed. The consideration allocated to the points issued is measured at fair value of the points. It is recognised as a liability (contract liabilities) in the statements of financial position and recognised as revenue when the points are redeemed, have expired or are longer expected to be redeemed. The amount of revenue recognised is based on the number of points that have been redeemed, relative to the total number of points expected to be redeemed. 21. OTHER INCOME Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Gain on disposal of property, plant and equipment 24 1 - - Gain on lease modifications 138 - - - Realised gain on foreign exchange 517 - - - Unrealised gain on foreign exchange - 312 - - Rental discount received 124 - - - Rental income of premises 766 673 - - Subscriptions fees 348 163 - - Wages subsidy allowance 420 1,193 - - Fair value gain on other investment 305 - 305 - Sundry income(i) 429 591 54 - 3,071 2,933 359 - (i) Sundry income consists of renovation support, courier and transportation services.
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