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Notes to the
Financial Statements
As at 31 March 2019
36. Related party disclosures
(a) Significant related party transactions
In addition to the transactions detailed elsewhere in the financial statements, the Group and the Company
had the following transactions with related parties during the financial year.
(Income)/expense
2019
2018
RM’000
RM’000
Group
(a) Transaction with companies connected to directors and substantial
shareholders:
- Rental charges
(88)
(78)
- Purchase of products
(6,572)
(6,563)
- Service rendered
148
346
Company
(a) Transaction with corporate shareholder:
- Advisory services
120
120
(b) Transaction with subsidiaries:
- Dividend income from subsidiaries
(51,453)
(41,223)
- Management fees from subsidiaries
(1,509)
(914)
- Interest charged to subsidiaries
(10,885)
(10,416)
- Sales of fish to a subsidiary
(10,593)
(16,307)
- Rental charges by a subsidiary
347
338
(b) Compensation of key management personnel
Key management personnel are those persons having authority and responsibility for planning, directing
and controlling the activities, directly or indirectly, including any director (whether executive or
otherwise).
Kumpulan Fima Berhad
(11817-V)
Annual Report 2019
182