2019 UEM Edgenta Annual Report
240 Notes to the Financial Statements For the year ended 31 December 2019 40. RELATED PARTY DISCLOSURES (a) Sale and purchase of goods and services In addition to the transactions and balances detailed elsewhere in the financial statements, the Group and the Company had the following significant transactions at terms agreed between the related parties during the financial year: Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Income received/receivable from Management fees from subsidiaries - - (76,860) (61,493) Asset consultancy services fees received from: - immediate holding company (5,615) (17,906) - - - related companies (46,370) (45,558) - - - associates (52,186) (16,152) - - Infrastructure maintenance fees received from: - immediate holding company - (620) - - - related companies (850,269) (766,201) - - Facilities management fees received from: - immediate holding company (70) (159) - - - related companies (69,421) (92,151) - - - associates - (37,000) - - License and commission fees received from an associate (1,718) (1,500) - - Rental received from a subsidiary - - (8,037) (3,104) Expenses paid/payable to Management fee expense to immediate holding company 944 4,000 944 4,000 Rendering of services by: - immediate holding company 10,337 10,657 51 283 - a subsidiary - - 612 - - related companies 11,115 14,876 - - - non-controlling shareholder of a subsidiary 3,467 3,835 - - - associates 18,714 11,647 - - Rental paid to: - immediate holding company 599 - 599 - - related company 8,275 7,634 7,808 912 - a subsidiary - - 558 - Other Deferred consideration paid to non-controlling shareholder of a subsidiary 461 - 461 - All other significant intercompany transactions have been disclosed in Note 21 and 31.
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