35. 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.) (d) Transactions with entities related to Tan Sri Dato’ Tan Chee Yioun, who is the brother of Tan Sri Dato’ Tan Chee Sing 2025 RM’000 2024 RM’000 Group Rental income receivable/received - 447 Telephone charges payable/paid (4) (3) Insurance charges payable/paid (1,107) (626) Company Telephone charges payable/paid (3) (2) Insurance charges payable/paid (39) (19) (e) Transactions with Dion Tan Yong Chien (Director and shareholder of the Company) 2025 RM’000 2024 RM’000 Group Repayment from the Group - (7,500) (f) Sale of development properties 2025 RM’000 2024 RM’000 Group Sales of development properties to certain directors of subsidiaries 6,057 10,947 The directors are of the opinion that all the above transactions were entered into in the normal course of business and have been established under terms that are no less favourable than those obtainable in transactions with unrelated parties. Information regarding outstanding balances arising from related party transactions as at 31 December 2025 and 31 December 2024 are disclosed in Note 23(b)(ii) and Note 33(b)(iii). 359
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