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360

Recurrent Related Party

Transactions (Cont’d.)

No.

UEM Edgenta

or its

Subsidiaries Related Party

Nature of Relationship

Nature of Transaction

Value

incurred

from

1 January

2016 to

11 May 2016

(RM)

Value

incurred

from 12 May

2016 to

31 December

2016

(RM)

Aggregate

Value of

Transactions

during the

financial year

(RM)

9 Edgenta

PROPEL

Berhad

(“Edgenta

PROPEL”)

UEM

Construction

Sdn Bhd (“UEM

Construction”)

Khazanah is the holding company of UEMG

by virtue of its 100% interest in UEMG.

Edgenta PROPEL is a wholly-owned

subsidiary of UEM Edgenta, which in turn is

a 69.14% subsidiary of UEMG.

UEM Construction is a wholly-owned

subsidiary of UEM Builders Berhad (“UEM

Builders”), which in turn is a wholly-owned

subsidiary of UEMG.

Upgrade works for Bayan

Lepas Expressway for

UEM Construction

8,245,369

9,931,031

18,176,400

Provision of fourth lane

widening (“FLW”) civil

works, mechanical,

electrical and electronic

(“MEE”) works and street

lighting and traffic

management services to

UEM Construction

17,252,447

909,489

18,161,936

10 Edgenta

PROPEL

UEM Builders

Khazanah is the holding company of UEMG

by virtue of its 100% interest in UEMG.

Edgenta PROPEL is a wholly-owned

subsidiary of UEM Edgenta, which in turn is

a 69.14% subsidiary of UEMG.

UEM Builders is a wholly-owned subsidiary

of UEMG.

Pavement, civil, MEE

works, utilities relocation

and traffic management

works for UEM Builders

521,284

521,284

Provision of cleaning

services, and mechanical

and electrical (“M&E”)

maintenance to UEM

Builders

49,110

49,110

11 Edgenta

PROPEL

UEMG

Khazanah is the holding company of UEMG

by virtue of its 100% interest in UEMG.

Edgenta PROPEL is a wholly-owned

subsidiary of UEM Edgenta, which in turn is

a 69.14% subsidiary of UEMG.

Payment of annual

nomination fee to UEMG

3,333,334

6,666,667

10,000,001

Pavement, civil, MEE

works, utilities relocation

and traffic management

works for UEMG

Provision of cleaning and

landscaping services for

UEM Learning Centre by

Edgenta PROPEL

47,320

94,642

141,962