2019 UEM Edgenta Annual Report

278 279 UEM EDGENTA AT A GLANCE MESSAGE FROM OUR LEADERSHIP STRATEGIC FOCUS OPERATIONAL REVIEW SUSTAINABILITY EFFORTS CORPORATE GOVERNANCE INTRODUCTION FINANCIAL REVIEW ADDITIONAL INFORMATION UEM Edgenta Berhad Annual Report 2019 Item Company in UEM Edgenta Group involved Transacting Party Nature of relationship as at the LPD Nature of transaction Value incurred from 1 January 2019 to 14 May 2019 RM’000 Value incurred from 15 May 2019 to 31 December 2019 RM’000 Aggregate Value of Transactions during the Financial Year RM’000 15 UEM Edgenta Group Konsortium Prohawk Sdn Bhd Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. Konsortium Prohawk Sdn Bhd is a 65% subsidiary of UEMG. Provision of management, operations and maintenance of parking facilities, café, medical hotel and retail business at Women & Children Hospital (WACH) to Konsortium Prohawk Sdn. Bhd. - - - Provision of asset management services for Women & Children Hospital (WACH) to Konsortium Prohawk Sdn. Bhd. 7,069 17,958 25,027 16 UEM Edgenta Group Putrajaya Holdings Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. Putrajaya Holdings is a 15.59% associated company of Khazanah. Provision of services to Putrajaya Holdings as follows: (i) Proposed soil investigation works, instrumentation, material testing, environmental services, pavement works for projects; and/or (ii) provision of integrated facilities management and estate management. - - - 17 UEM Edgenta Group PT Lintas Marga Sedaya (“PT Lintas”) Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. PT Lintas is a 55% subsidiary of PEIB, which in turn is a wholly-owned subsidiary of UEMG. Dato’ Noorazman Abd Aziz is a Director of UEM Edgenta and PT Lintas. Dato’ Noorazman Abd Aziz does not have any equity interest in PT Lintas. Provision of maintenance services for highway to PT Lintas. 6,854 32,452 39,306 Project management services for new infra structure projects to PT Lintas. - - - 18 UEM Edgenta Group Malaysia Airlines Berhad Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. Malaysia Airlines Berhad is a wholly-owned subsidiary of Malaysia Aviation Group Berhad, which in turn is a wholly-owned subsidiary of Khazanah. Provision of cleansing services to Malaysia Airlines Berhad. - - - Recurrent Related Party Transactions Recurrent Related Party Transactions Item Company in UEM Edgenta Group involved Transacting Party Nature of relationship as at the LPD Nature of transaction Value incurred from 1 January 2019 to 14 May 2019 RM’000 Value incurred from 15 May 2019 to 31 December 2019 RM’000 Aggregate Value of Transactions during the Financial Year RM’000 19 UEM Edgenta Group TERAS Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. TERAS is a wholly-owned subsidiary of PLUS Malaysia, which in turn is a 51% subsidiary of UEMG. Provision of FLW utilities and services to TERAS. - 22 22 Provision of MEE works by TERAS to Edgenta PROPEL. - - - 20 UEM Edgenta Group Kualiti Alam Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. Kualiti Alam is a wholly- owned subsidiary of Cenviro, which in turn is a wholly-owned subsidiary of Khazanah. Provision of waste collection services by Kualiti Alam. - 297 297 21 UEM Edgenta Group Kuad Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. Kuad is a 70% subsidiary of CIMA, which in turn is a wholly-owned subsidiary of UEMG. Purchase of material and provision of pavement works from Kuad. 2,032 4,515 6,547 22 UEM Edgenta Group Kuari Pati Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. Kuari Pati is a wholly-owned subsidiary of CIMA, which in turn is a wholly-owned subsidiary of UEMG. Purchases of materials for pavement works from Kuari Pati. 531 1,430 1,961 23 UEM Edgenta Group TT dotCom Sdn Bhd Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. TT dotCom Sdn Bhd is a wholly-owned subsidiary of TdC. TdC is a 11.19% associated company of Khazanah. TdC is a 30.35% associated company of PKV, which in turn is a 30.0% associated company of Khazanah. Provision of fiber optic maintenance on highway by TT dotCom Sdn. Bhd. 579 779 1,358