My EG Services Berhad Annual Report 2019

MY E.G. SERVICES BERHAD [Registration No. 200001003034 (505639-K)] 176 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) 46. RELATED PARTY DISCLOSURES (CONT’D) (b) Significant Related Party Transactions and Balances (cont’d) 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:- ( 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 Services rendered by a subsidiary - - - 12 Purchase from subsidiaries - - 2 - Management fees charged by a subsidiary: MYEGMS - - 5,502 3,825 Rental charged to an associate - 605 - 605 Rental income from subsidiaries - - 5,677 5,268 Interest income from a subsidiary - - 10,309 - Professional fees charged by a related party: Embunaz Ventures Sdn. Bhd.* 312 312 312 312 * a Company in which Dato’ Dr Norraesah Binti Haji Mohamad has a substantial financial interest. The significant outstanding balances of the related parties together with their terms are disclosed in the respective notes to the financial statements. 47. OPERATING SEGMENTS 47.1 BUSINESS SEGMENTS Segmental reporting is not presented as the Group is principally engaged in the development and implementation of the Electronic Government Services project and the provision of other upstream and downstream related services for the Electronic Government Services project, which is substantially within a single business segment and operates wholly in Malaysia.