Yinson Annual Report 2019

3. Material Contracts Involving Directors’ andMajor Shareholders’ Interest There were no material contracts (not being contracts entered into in the ordinary course of business), which have been entered into by the Company and/or its subsidiaries involving Directors’ andMajor Shareholders’ interests during the financial year ended 31 January 2019. 4. Recurrent Related Party Transactions of a Revenue or Trading Nature All recurrent related party transactions (“RRPTs”) are dealt with in accordance with the Bursa Securities Main Market Listing Requirements (“Listing Requirements”) and a summary of RRPT Register is tabled for Audit Committee’s review and monitoring on quarterly basis. The relevant process and procedure are set to ensure that all related party transactions are monitored and conducted in a manner that is fair and at arms’ length basis. The Directors andMajor Shareholders who have interest in a transaction will ensure that they abstain from deliberation and voting on the transaction at Board meetings and general meetings, if required. The details of the RRPTs conducted during the financial year ended 31 January 2019 between the Company and/or its subsidiaries with related parties are disclosed on page 192 of the Audited Financial Statements contained in the 2019 Annual Report. Corporate Governance Overview Statement Yinson Holdings Berhad ANNUAL REPORT 2019 90