ADDITIONAL COMPLIANCE INFORMATION The information set out below is disclosed in compliance with the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Securities Commission’s Guidelines on Listed Real Estate Investment Trusts. Sanctions of Penalties There was no public sanction or penalty imposed on the Manager during FY2023. Status of Utilisation Proceeds Raised From Corporate Proposal For information, please refer to page 216. Audit and Non-Audit Fees For information, please refer to page 170. Disclosure in Relation to the Unitholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature At an Annual General Meeting held on 18 April 2023, the Company obtained a mandate from its shareholders (“Shareholders’ Mandate”) for recurrent related party transactions (“RRPTs”) of a revenue or trading nature. In compliance with Paragraph 10.09(2)(b) and Paragraph 3.1.5 of Practice Note 12 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”), such Shareholders’ Mandate is subject to annual renewal and the disclosure in the Annual Report of RRPTs conducted pursuant to the mandate during the financial year ended 31 December 2023 where the aggregate value of such RRPTs is equal to or more than RM1 million or 1% of the relevant percentage ratio for such transactions, whichever is the higher. Set out below are the relevant RRPTs for which Shareholders’ Mandate had been obtained together with a breakdown of the aggregate value of the RRPTs which had been conducted pursuant to the Shareholders Mandate and had met the prescribed threshold. Transacting Party Nature of transaction Nature of Relationship Value incurred from 3 Mar 2023 (LPD) to 31 Dec 2023 (RM’000) The aggregate value of transactions during the financial year (RM’000) KPJ Group • Rental income for renting of, inter-alia, specialist hospitals, medical centres, aged care centre and college buildings • Advisory for, nteralia, renovation and/ or upgrade of any refurbishment work to be undertaken at the hospitals; and property management fee JCorp has a total of 43.38% direct and indirect interest in KPJ. KPJ and JCorp (via KPJ) are also the major unitholders of Al-‘Aqar. The Manager is also indirectly wholly-owned by JCorp. The Interested Directors (save for Dato’ Haji Mohd Redza Shah Bin Abdul Wahid) are deemed interested by virtue of them being the Directors of DRMSB and being part of the Board and/or senior management of JCorp Group. Dato’ Haji Mohd Redza Shah Bin Abdul Wahid and Shamsul Anuar Bin Abdul Majid are the Directors of DRMSB and also Directors of KPJ. 39,084 841 57,202 1,202 JCorp Registrar expenses JCorp (via KPJ) is the major unitholder of Al- ‘Aqar. The Manager is also indirectly wholly owned by JCorp. The Interested Directors (save for Dato’ Haji Mohd Redza Shah Bin Abdul Wahid) are deemed interested by virtue of them being the Directors of DRMSB and being part of the Board and/or senior management of JCorp Group. 98 107 Aggregate Value of Transactions 40,023 58,511 145 CORPORATE GOVERNANCE 1 2 3 5 6 AL-`AQAR HEALTHCARE REIT ANNUAL REPORT 2023
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