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 29 EFSB Group Malaysian Bio-XCell Sdn Bhd (“ Bio-Xcell ”) 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. Bio-XCell is a 40% joint venture company of UEM Sunrise, which in turn is a 66.06% subsidiary of UEMG. Operation and maintenance for Central Utility Facility for Biotechnology Park to Bio-Xcell. 2,544 2,441 4,985 Integrated facilities management services to Bio-Xcell. 200 1,294 1,494 30 Faber Sindoori PCR Investments PCR Investments is the investment holding company of Dr. P.C. Reddy and his family members. Dr. P.C. Reddy and Persons Connected to him are major shareholders of ASHL with 65.67% equity interest. ASHL holds 49% of the equity interest in Faber Sindoori. Faber Sindoori is 51% owned by EFSB, which in turn is a wholly-owned subsidiary of UEM Edgenta. Payment of licensee fee for the usage of the brand name “Sindoori” to PCR Investments. 468 1,032 1,500 31 Edgenta PROPEL 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, which in turn is a wholly-owned subsidiary of UEMG. Upgrade works for Bayan Lepas Expressway for UEM Construction. – 191 191 Provision of fourth lane widening (“ FLW ”) civil works, MEE works and street lighting and traffic management services to UEM Construction. – 1,208 1,208 32 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. – – – RECURRENT RELATED PARTY TRANSACTIONS Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 272