162 AL-SALĀM REIT ADDITIONAL COMPLIANCE INFORMATION ANNUAL REPORT 2023 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) JCorp Group Registrar and secretarial expenses JCorp is a major unitholder of Al-Salām REIT. 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. 208 208 Rental income for renting of office lots and indoor entertainment park at Menara KOMTAR and KOMTAR JBCC 4,308 5,428 Building management and maintenance related costs at Menara KOMTAR, KOMTAR JBCC and @MART KEMPAS. 1,881 2,304 Technical advisory in relation to project management 171 171 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 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 FY2023. Audit and Non-Audit Fees For information, please refer to pages 135 and 189. 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.
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