90 ENRA GROUP BERHAD ANNUAL REPORT 2024 Additional Compliance Information (Cont’d) 3. MATERIAL CONTRACTS INVOLVING INTERESTS OF THE DIRECTORS OR MAJOR SHAREHOLDERS OF THE COMPANY There were no material contracts entered into by the Group involving the interest of the directors and major shareholders of the Company, which were still subsisting as at the end of the financial year or which were entered into since the end of the previous financial year. 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 MMLR and a summary of RRPT is tabled for ARMSC’s review and monitoring on a quarterly basis. All relevant processes and procedures are for ensuring that all related party transactions are monitored and conducted in a manner that is fair and at arms’ length. The Directors and Major Shareholders who have interests in a transaction will abstain from deliberation and voting on said transaction at Board meetings and general meetings, if required.
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