2018 UEM Edgenta Annual Report
Item Company in UEM Edgenta Group involved Transacting Party Nature of relationship as at the LPD Nature of transaction Value incurred from 1 January 2018 to 10 May 2018 RM’000 Value incurred from 10 May 2018 to 31 December 2018 RM’000 Aggregate Value of Transactions during the Financial Year RM’000 21 EMS Group SMS Likas FLS Sabah is a 60% subsidiary of EMS, which in turn is a wholly-owned subsidiary of UEM Edgenta. SMS Likas holds 40% of the equity interest in FLS Sabah. Zohari Mahur is a Director of SMS Likas and FLS Sabah. Zohari Mahur has a 58.33% equity interest in SMS Likas. Provision of linen processing involving washing, drying and folding of linen, linen transportation involving transportation of linen from the plant to hospitals and vice versa, and manpower supply by SMS Likas. 1,316 2,537 3,853 22 EFSB Group Symphony Hills Sdn Bhd (“ Symphony Hills ”) Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. EFSB is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. Symphony Hills is a wholly-owned subsidiary of Bandar Nusajaya Development Sdn Bhd, which in turn is a wholly- owned subsidiary of UEM Land, which in turn is a wholly-owned subsidiary of UEM Sunrise, which in turn is a 66.06% subsidiary of UEMG. Provision of cleaning services at sales gallery, office and unit show houses for Symphony Hills. 206 213 419 23 EFSB Group Setia Haruman Sdn Bhd (“ Setia Haruman ”) Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. EFSB is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. Setia Haruman is a 25% associated company of UEM Land, which in turn is a wholly-owned subsidiary of UEM Sunrise, which in turn is a 66.06% subsidiary of UEMG. Provision of facilities maintenance services to Setia Haruman. 2,384 4,950 7,334 Rental payable on a monthly basis by EFSB Group to Setia Haruman for office space. 21 43 64 RECURRENT RELATED PARTY TRANSACTIONS Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 270
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