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 37 Edgenta PROPEL TERAS 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. TERAS is a wholly-owned subsidiary of PLUS Malaysia, which in turn is a 51% subsidiary of UEMG. Provision of FLW utilities and services to TERAS. – – – Provision of MEE works by TERAS to Edgenta PROPEL. – – – 38 Edgenta PROPEL PT Karabha Gryamandiri – PT Nusa Raya Cipta Consortium 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. PT Karabha Gryamandiri is a 55% subsidiary of UEM Construction, which in turn is a wholly-owned subsidiary of UEM Builders, which in turn is a wholly-owned subsidiary of UEMG. Contract awarded by PT Karabha Gryamandiri – PT Nusa Raya Cipta Consortium for highway pavement works. – – – 39 Edgenta PROPEL Kualiti Alam 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. Kualiti Alam is a wholly-owned subsidiary of Cenviro, which in turn is a wholly-owned subsidiary of Khazanah. Provision of waste collection services by Kualiti Alam. 227 641 868 40 Edgenta PROPEL Kuad 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. Kuad is a 70% subsidiary of CIMA, which in turn is a wholly-owned subsidiary of UEMG. Purchase of material and provision of pavement works from Kuad. 2,902 4,398 7,300 RECURRENT RELATED PARTY TRANSACTIONS Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 274