2019 UEM Edgenta Annual Report

280 Item Company in UEM Edgenta Group involved Transacting Party Nature of relationship as at the LPD Nature of transaction Value incurred from 1 January 2019 to 14 May 2019 RM’000 Value incurred from 15 May 2019 to 31 December 2019 RM’000 Aggregate Value of Transactions during the Financial Year RM’000 24 UEM Edgenta Group’s property development companies Any Related Party who may wish to purchase properties developed by UEM Edgenta Group’s property development companies All Directors and Major Shareholders of UEM Edgenta are interested in this transaction. All Directors of UEM Edgenta do not have any direct and/or indirect shareholding in UEM Edgenta, save for Amir Hamzah Azizan and Dato’ Azmir Merican as disclosed in the Directors’ Report. All Directors and Major Shareholders of UEM Edgenta will abstain and ensure that all Persons Connected to them will abstain from voting on the relevant resolution. Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. Sale of property units by UEM Edgenta Group’s property development companies. - - - 25 EMS Cenviro Group Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. EMS 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 healthcare waste management services by Kualiti Alam. 788 1,284 2,072 26 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. 1,833 1,634 3,467 Recurrent Related Party Transactions