191 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD 29. DIVIDENDS (CONT’D) During the financial year, dividends declared and paid by the Group and the Company are as follows (cont’d):- Group and Company 2024 2023 RM’000 RM’000 In respect of financial year ended 31 December 2023 (cont’d) - First interim single tier dividend of RM0.005 per ordinary share declared on 22 November 2023 and paid on 10 January 2024 - 4,104 30. RELATED PARTY DISCLOSURES (a) Significant related party transactions The significant related party transactions of the Group and of the Company are shown below:- Group Company 2024 2023 2024 2023 RM ‘000 RM ‘000 RM ‘000 RM ‘000 Management fees received from subsidiaries - - 8,080 9,002 Payment of lease liabilities to a related party 432 408 - - Rental expenses paid to related parties 28 34 - - Rental received from a related party 648 648 - - Dividend paid to holding company 3,263 2,170 3,264 2,170 Purchase of trading goods from a related party 208 320 - - Purchase of cash vouchers from a related party - 30 - - Purchase of computer equipment from a related party 10 - - - Purchase of audio and other equipment from a related party 44 35 - - Loan interest paid to a corporate shareholder of subsidiary 230 - - - Dividend received from subsidiaries - - 7,000 19,198 Interest received from subsidiaries - - 1,312 593 Interest paid to subsidiaries - - - 55 Loan to subsidiaries - - 28,494 44,335 Loan from subsidiaries - - - 34,800
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