My EG Services Berhad Annual Report 2019

ANNUAL REPORT 2019 175 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) FINANCIAL STATEMENTS 45. KEY MANAGEMENT PERSONNEL COMPENSATION (CONT’D) The Group The Company 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 RM’000 RM’000 RM’000 RM’000 Other Key Management Personnel Short-term employee benefits 1,897 1,990 - - Defined contribution benefits 205 238 - - Total compensation for other key management personnel 2,102 2,228 - - 46. RELATED PARTY DISCLOSURES (a) Identities of Related Parties Parties are considered to be related to the Group if the Group or the Company has the ability, directly or indirectly, to control or jointly control the party or exercise significant influence over the party in making financial and operating decisions, or vice versa, or where the Group or the Company and the party are subject to common control. In addition to the information detailed elsewhere in the financial statements, the Group has related party relationships with its directors, associates, joint ventures, key management personnel and entities within the same group of companies. (b) Significant Related Party Transactions and Balances Other than those disclosed elsewhere in the financial statements, the Group and the Company also carried out the following transactions with the related parties during the financial period:- The Group The Company 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 RM’000 RM’000 RM’000 RM’000 Sales to: A subsidiary MECSB - - 1,200 1,200 An associate MINT - 2,000 - 2,000 Dividend income from a subsidiary EGSB - - 300,000 300,000