Kimlun Corporation Berhad Annual Report 2019

Annual Report 2019 Kimlun Corporation Berhad NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2019 (cont’d) 143 31. Related party disclosures 2019 2018 2019 2018 RM RM RM RM Sales of raw materials to a company related to certain directors 4,230 - - - Purchase of raw materials from a company related to certain directors 378,681 - - - Contract fee receivable from a company related to certain directors 6,409,873 27,465,517 - - Contract fee receivable from joint ventures 343,216,891 156,945,001 - - Contract fee payable to a company related to certain directors 10,410 - - - Rental of land and building paid to companies related to certain directors 2,252,672 2,241,394 - - Rental of premise paid to a company related to certain directors 13,708 13,598 - - Landscaping and maintenance service paid to a company related to certain directors 32,690 65,800 - - Purchases of property, plant and equipment from a company related to certain directors 50,362 - - - Interest income received from subsidiaries - - 1,206,408 1,891,350 Dividend income received from subsidiaries - - 23,940,000 17,100,000 Company Group In addition to the related party information disclosed elsewhere in the financial statements, the following significant transactions between the Group and related parties took place at terms agreed between the parties during the financial year: