UEM EDGENTA BERHAD ANNUAL REPORT 2021 1 2 3 4 5 6 7 321 320 SHAREHOLDERS’ INFORMATION RECURRENT RELATED PARTY TRANSACTIONS The shareholders of UEM Edgenta Berhad (“UEM Edgenta” or “the Company”) had at the 58th Annual General Meeting held on 17 June 2021 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 the Bursa Securities, the details of recurrent related party transactions made during the financial year ended 31 December 2021 pursuant to the shareholders' mandate are as follows: 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 2021 to 17 June 2021 RM’000 Value Incurred from 18 June 2021 to 31 December 2021 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. 2,587 3,622 6,209 Rental of archive store at Taman Desa and ancillary facilities from UEMG Group. 112 159 271 Rental of training space at UEM Learning Centre, Petaling Jaya from UEMG Group. 374 524 898 Rental of office area at UEM Learning Centre, Petaling Jaya from UEMG Group. 198 277 475 Payment of annual nomination fee to UEMG. 4,167 5,833 10,000 Provision of building maintenance works to UEMG Group. 167 - 167 Provision of services to UEMG Group as follows: (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 infrastructure projects; and/or (iv) provision of energy management services. - 79 79 Pavement, civil, mechanical, electrical and electronic (“MEE”) works, utilities relocation and traffic management works for UEMG Group. - - - RECURRENT RELATED PARTY TRANSACTIONS 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 2021 to 17 June 2021 RM’000 Value Incurred from 18 June 2021 to 31 December 2021 RM’000 Aggregate Value of Transactions during the Financial Year RM’000 2 UEM Edgenta Group PLUS Malaysia Berhad and its subsidiaries (“PLUS Malaysia Group”) Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. PLUS Malaysia is a 51% subsidiary of UEMG. Dato’ Mohd Izani Ghani and Dato’ Noorazman Abd Aziz are directors of UEM Edgenta and PLUS Malaysia. Dato’ Mohd Izani Ghani and Dato’ Noorazman Abd Aziz do not have any equity interest in PLUS Malaysia. Provision of facilities maintenance services to PLUS Malaysia Group. - - - Provision of highway operations and maintenance services through Performance Based Contract (“PBC”) concept to PLUS Malaysia Group. - - - Provision of design, consultancy services, maintenance management & technical services to PLUS Malaysia Group; project management fees and development & proposed network maintenance fee from PLUS Malaysia Group. 10,362 14,517 24,879 Provision of highway maintenance services to PLUS Malaysia Group. 166,656 332,863 499,519 Provision of maintenance services of the real time monitoring system and soil investigation works for upgrading of existing and new facilities to PLUS Malaysia Group. 114 114 227 3 UEM Edgenta Group UEM Sunrise Berhad and its subsidiaries (“UEM Sunrise Group”) Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEM Edgenta is a 69.14% subsidiary of UEMG. UEM Sunrise is a 69.56% subsidiary of UEMG. Tan Sri Dr. Azmil Khalid, Dato’ Mohd Izani Ghani and Dato’ Noorazman Abd Aziz are directors of UEM Edgenta and UEM Sunrise. Tan Sri Dr. Azmil Khalid, Dato’ Mohd Izani Ghani and Dato’ Noorazman Abd Aziz do not have any equity interest in UEM Sunrise. Provision of facilities maintenance services to UEM Sunrise Group. 2,784 4,027 6,811 Provision of services to UEM Sunrise Group as follows: (i) pavement, MEE works, utilities relocation and traffic management works; (ii) project management consultancy services for commercial development; (iii) proposed soil investigation works, instrumentation, material testing, environmental services and pavement works for projects development; (iv) provision of energy management services; and/or (v) provision of Strata and Building Facilities Management software - User License Fee. - - - Provision of energy management service, operate and maintain the district collong tower for UEM Sunrise Group. - - -
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