227 ANNUAL REPORT 2025 MST GOLF GROUP BERHAD 30. RELATED PARTY DISCLOSURES (a) Significant related party transactions In addition to the related party information disclosed elsewhere in the financial statements, the following significant transactions between the Group and the Company and related parties were entered into during the financial year:- Group Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Management fees received from subsidiaries - - 8,080 8,080 Payment of lease liabilities to a related party - 432 - - Rental expenses paid to related parties 11 28 - - Rental received from a related party - 648 - - Dividend paid to holding company 1,120 3,263 1,120 3,264 Purchase of trading goods from a related party 578 208 - - Purchase of computer equipment from a related party 14 10 - - Purchase of audio and other equipment from a related party 5 44 - - Loan interest paid to a corporate shareholder of subsidiary 143 230 - - Dividend received from subsidiaries - - 2,100 7,000 Interest received from subsidiaries - - 458 1,312 Loan to subsidiaries - - - 28,494 (b) The outstanding balances arising from related party transactions as at the reporting date are disclosed in Notes 12 and 19 to the financial statements. (c) Compensation of key management personnel Key management personnel comprise the senior management of the Group, including the Chief Finance Officer, Chief Operating Officer, Country Managers, and other individuals with authority and responsibility for planning, directing, and controlling the activities of the Group.
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