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 54 OIM MIMSB Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. OIM is a wholly-owned subsidiary of Opus, which in turn is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. MIMSB is a 60% subsidiary of Jasmine Acres Sdn Bhd, which in turn is a 33.3% associated company of Iskandar Investment Berhad and a 66.7% subsidiary of Iskandar Ventures Sdn Bhd. Iskandar Ventures Sdn Bhd is a wholly-owned subsidiary of Khazanah. To provide asset management consultancy services to MIMSB. – – – 55 OIM Putrajaya Holdings Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. OIM is a wholly-owned subsidiary of Opus, which in turn is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. Putrajaya Holdings is a 15.6% associated company of Khazanah. To provide project management and engineering design consultancy for development of train transport system in Putrajaya to Putrajaya Holdings. – – – 56 Edgenta TMS MIMSB Group Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta TMS is a 70% subsidiary of UEMSET, which in turn is a 70% subsidiary of ETMSSB, which in turn is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. MIMSB is a 60% subsidiary of Jasmine Acres Sdn Bhd, which in turn is a 33.3% associated company of Iskandar Investment Berhad and a 66.7% subsidiary of Iskandar Ventures Sdn Bhd. Iskandar Ventures Sdn Bhd is a wholly-owned subsidiary of Khazanah. Dr. Tee Kim Siong is a Director of Edgenta TMS and Managing Director/Chief Executive Officer of MIMSB. Provision of integrated facilities management and estate management services by Edgenta TMS to MIMSB Group. 2,304 3,264 5,568 RECURRENT RELATED PARTY TRANSACTIONS Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 278