141 ANNUAL REPORT 2022 ADDITIONAL COMPLIANCE INFORMATION The information set out below is disclosed in compliance with the MMLR and Securities Commission’s Guidelines on Listed Real Estate Investment Trusts SANCTIONS OR PENALTIES There was no public sanction or penalty imposed on the Manager. STATUS OF UTILISATION PROCEEDS RAISED FROM CORPORATE PROPOSAL There was no issuance of new units during the FY2022. AUDIT AND NON-AUDIT FEES For information, please refer to page 152. DISCLOSURE OF RECURRENT RELATED PARTY TRANSACTIONS At an Annual General Meeting held on 20 April 2022, 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 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 2022 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.
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