2019 UEM Edgenta Annual Report

282 283 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 31 EFSB Group Teras Teknologi Sdn Bhd ("TERAS") Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. EFSB is a wholly-owned subsidiary of UEM Edgenta, which in turn 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 cleaning services to TERAS warehouse. - 3 3 32 EFSB Group UEM Sunrise Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. EFSB is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. UEM Sunrise is a 66.06% subsidiary of UEMG. Provision of facilities management services for office buildings of UEM Sunrise. - - - 33 EFSB Group CIMB Group Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. EFSB is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. CIMB is a 27.27% associated company of Khazanah. Provision of facilities maintenance services to CIMB Group. 4,817 7,674 12,491 34 Edgenta PROPEL UEM Construction Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta PROPEL is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. UEM Construction is a wholly-owned subsidiary of UEM Builders, which in turn is a wholly-owned subsidiary of UEMG. Upgrade works for Bayan Lepas Expressway for UEM Construction. 136 249 385 Provision of fourth lane widening (“FLW”) civil works, MEE works and street lighting and traffic management services to UEM Construction. - - - 35 Edgenta PROPEL UEM Builders Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta PROPEL is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. UEM Builders is a wholly- owned subsidiary of UEMG. Pavement, civil, MEE works, utilities relocation and traffic management works for UEM Builders. - - - 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 36 Edgenta PROPEL UEMG Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta PROPEL is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. Payment of annual nomination fee to UEMG. 3,333 6,667 10,000 Pavement, civil, MEE works, utilities relocation and traffic management works for UEMG. - - - 37 Edgenta PROPEL PT Karabha Gryamandiri – PT Nusa Raya Cipta Consortium Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta PROPEL is a wholly-owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. PT Karabha Gryamandiri is a 55% subsidiary of UEM Construction, which in turn is a wholly-owned subsidiary of UEM Builders, which in turn is a wholly-owned subsidiary of UEMG. Contract awarded by PT Karabha Gryamandiri – PT Nusa Raya Cipta Consortium for highway pavement works. - - - 38 Edgenta EMT PLUS Malaysia Group Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta EMT is a wholly- owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. PLUS Malaysia is a 51% subsidiary of UEMG. Provision of maintenance services of the real time monitoring system to PLUS Malaysia Group. 101 139 240 Soil investigation works for upgrading of existing and new facilities for PLUS Malaysia Group. - - - 39 Edgenta EMT UEM Builders Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta EMT is a wholly- owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. UEM Builders is a wholly- owned subsidiary of UEMG. Proposed soil investigation works, instrumentation, material testing, environmental services and pavement works for UEM Builders by Edgenta EMT. - - - 40 Edgenta EMT PLUS Malaysia Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. Edgenta EMT is a wholly- owned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. PLUS Malaysia is a 51% subsidiary of UEMG. Proposed slope rehab works for soil investigation to PLUS Malaysia. - - - Proposed bridge structure, instrumentation and soil investigation works for development of expressway to PLUS Malaysia. - - -