Kimlun Corporation Berhad Annual Report 2020

200901023978 (867077-X) 31. Related party disclosures 2020 2019 2020 2019 RM RM RM RM Sales of raw materials to a company related to certain directors 26,652 4,230 - - Purchase of raw materials from a company related to certain directors 258,042 378,681 - - Contract fee receivable from a company related to certain directors 2,295,711 6,409,873 - - Contract fee receivable from joint ventures 205,079,246 343,216,891 - - Contract fee payable to a company related to certain directors - 10,410 - - Rental of land and building paid to companies related to certain directors 1,854,857 2,252,672 - - Rental of premise paid to a company related to certain directors 14,480 13,708 - - Landscaping and maintenance service paid to a company related to certain directors 17,840 32,690 - - Purchases of property, plant and equipment from a company related to certain directors - 50,362 - - Interest income received from subsidiaries - - 616,320 1,206,408 Interest expense paid to joint ventures 128,322 - - - Dividend income received from subsidiaries - - 17,342,000 23,940,000 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: - 90 - 147 Kimlun Corporation Berhad Registration No. 200901023978 (867077-X) NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020