MSM Malaysia Holdings Berhad Annual Report 2020

35 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) (a) Significant transactions with related parties (continued) Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 (iv) Transaction with D’Saji - provision of refreshment 7 70 7 70 (v) Transaction with FELDA - rental 409 653 409 653 (vi) Transaction with Felda Engineering - installation and construction of utilities building 865 5,792 - - (vii) Transactions with subsidiaries: Dividends received from: - MSM Prai (75,000) (27,270) - MSM Trading International - (16,448 Interest received/receivable from: - MSM Perlis (815) (2,188) - MSM Johor (35,606) (55,116) Interest paid/payable to: - MSM Prai (4,120) (3,440) Management fees from: - MSM Prai (8,040) (8,040) - MSM Perlis (1,860) (1,860) - MSM Logistics (182) (182) - MSM Johor (4,020) (4,020) Office rental from: - MSM Johor (35) (61) - MSM Prai (203) (316) - MSM Logistic (7) (10) Land rental from: - MSM Johor (2,167) (1,796) Loan modification recharge payable/(receivable) from MSM Johor 11,695 (26,818) Lease interest recharge receivable from MSM Johor (1,053) (1,066) These transactions were undertaken on agreed terms between the related parties. MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 218 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 CHAIRMAN’S STATEMENT DELIVERING VALUE MSM OVERVIEW MANAGEMENT DISCUSSION & ANALYSIS GROUP FINANCIAL REPORT