NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 36. SIGNIFICANT RELATED PARTY TRANSACTIONS (CONT’D.) In addition to the related party information disclosed elsewhere in the financial statements, the following significant transactions between the Group and the related parties took place at terms agreed between the parties during the financial year: (cont’d.) (c) Transactions with entities related to Tan Sri Dato’ Tan Chee Sing (Director and major shareholder of the Company) 2024 2023 RM’000 RM’000 Group (Repayment from)/advances to the Group (117,449) 170,777 Management fees receivable/received 29,256 – Agent commission fees receivable/received 4,379 – Rental income receivable/received 7,418 8,265 Security charges receivable/received 111 111 Sales commission receivable – 18,728 Transportation cost payable/paid – (1,161) Entertainment expenses payable/paid – (23) Gift expense payable/paid (641) (500) Marketing expenses payable/paid (1,366) (1,193) Company Transportation cost payable/paid – (1,161) Entertainment expenses payable/paid – (23) Gift expense payable/paid (479) (447) (d) Transactions with entities related to Tan Sri Dato’ Tan Chee Yioun, who is the brother of Tan Sri Dato’ Tan Chee Sing 2024 2023 RM’000 RM’000 Group Rental income receivable/received 447 915 Telephone charges payable/paid (3) (2) Insurance charges payable/paid (626) (441) Company Telephone charges payable/paid (2) (1) Insurance charges payable/paid (19) – (e) Transactions with Dion Tan Yong Chien (Director and shareholder of the Company) 2024 2023 RM’000 RM’000 Group (Repayment from)/advances to the Group (7,500) 7,500 ANNUAL REPORT 2024 334
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