Page 105 - Annual Report 2021
P. 105
27. rElatED PartY DisclOsurEs
Other than those disclosed elsewhere in the financial statements, the Group and the Company also carried out the
following significant transactions with the related parties during the financial year:-
the group the company
2021 2020 2021 2020
rM rM rM rM
Dividends paid to holding entity 7,930,000 2,400,000 7,930,000 2,400,000
Purchases from a related party 18,159,022 16,082,733 - -
Rental of premises paid/payable
to related parties 2,222,729 1,519,851 - -
Rental of premises paid/payable
to holding entity 2,776,065 - - -
Rental of plantations paid/payable
to holding entity 1,000,000 - - -
Dividends received from subsidiaries - - (7,344,000) (5,366,000)
Project related fee received/receivable from
holding entity and/or related parties (28,261) (86,850) (28,261) (86,850)
Management fee income received/receivable
from holding entity (24,000) - - -
Management fees received/receivable
from subsidiaries - - - (1,886,808)
Interest received/receivable from a subsidiary - - (269,489) (583,670)
Loan repayment from a subsidiary - - (810,852) (2,177,872)
28. caPital cOMMitMEnt
the group
2021 2020
rM rM
Purchase of plant and equipment 14,645,905 14,289,530
Annual Report 2021 105