2020 UEM Edgenta Annual Report

Item Company in UEM Edgenta Group involved Transacting Party Nature of Relationship as at the Last Practicable Date (“LPD”) Nature of Transaction Value incurred from 1 January 2020 to 26 June 2020 RM’000 Value incurred from 27 June 2020 to 31 December 2020 RM’000 Aggregate Value of Transactions during the Financial Year RM’000 1 UEM Edgenta Group UEM Group Berhad (“UEMG”) and its subsidiaries (“UEMG Group”) Khazanah Nasional 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. Dato’ Mohd Izani Ghani is a Director of UEM Edgenta and UEMG. Dato’ Mohd Izani Ghani does not have any equity interest in UEMG. Provision of directors and staff training and development by UEMG Group. – – – Provision of administrative and audit and tax services by UEMG Group. – – – Rental of office space in Tower 1, Avenue 7, Bangsar South and ancillary facilities from UEMG Group. 2,536 3,673 6,209 Rental of archive store at Taman Desa and ancillary facilities from UEMG Group. 121 148 269 Rental of meeting rooms in Tower 1, Avenue 7, Bangsar South ancillary facilities from UEMG Group. 10 – 10 Provision of services to UEMG as follows: 617 – 617 i. proposed provision of vehicle screening services for projects developed; ii. design and project management fees for projects; iii. provision for soil investigation, instrumentation, material testing, environmental and pavement condition assessment works for rail projects; and/or iv. provision of energy management services. Provision of design to UEMG Group, project management fees and consultancy fees from UEMG Group in relation to development of overseas projects. – – – Rental of training space at UEM Learning Centre, Petaling Jaya from UEMG Group. 384 514 898 Provision of building maintenance works to UEMG Group. – 236 236 The shareholders of UEM Edgenta Berhad (“UEM Edgenta” or “the Company”) had at the 57 th Annual General Meeting held on 26 June 2020 granted their approval for the Company and its subsidiary companies (“UEM Edgenta Group”) to enter into recurrent related party transactions of a revenue or trading nature, which are necessary for its day-to-day operations and are in the ordinary course of business in order to comply with Paragraph 10.09 of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”). In accordance to Practice Note 12 of the MMLR of Bursa Securities, the details of recurrent related party transactions made during the financial year ended 31 December 2020 pursuant to the shareholders’ mandate are as follows: UEM EDGENTA BERHAD 316 Shareholders’ Information RECURRENT RELATED PARTY TRANSACTIONS