Integrated Annual Report 2023 2 3 4 5 6 7 8 9 1 407 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 2023 to 15 June 2023 RM’000 Value Incurred from 16 June 2023 to 31 December 2023 RM’000 Aggregate Value of Transactions during the Financial Year RM’000 20 Edgenta PROPEL Group Putrajaya Holdings Sdn. Bhd. (“PHSB”) 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. Khazanah holds 15.59% equity interest in PHSB. Provision of bridge maintenance services, pavement, civil, MEE works, utilities relocation works and traffic management services to PHSB. - - - 21 Edgenta PROPEL Group Cement Industries of Malaysia Berhad (“CIMA”) 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. CIMA is a wholly-owned subsidiary of UEMG. Provision of recycled asphalt pavement (“RAP”) premix plant operator by CIMA and purchase of material from CIMA. - - - 22 Edgenta UEMS Sdn. Bhd. (“UEMS Malaysia”) IMU Education Sdn. Bhd. (“IMU”) Khazanah is the holding company of UEMG by virtue of its 100% interest in UEMG. UEMS Malaysia is a wholly-owned subsidiary of UEMS Pte. Ltd., which in turn is a wholly-owned subsidiary of Edgenta (Singapore) Pte. Ltd. (“Edgenta Singapore”), which in turn is a whollyowned subsidiary of UEM Edgenta, which in turn is a 69.14% subsidiary of UEMG. IMU has ceased to be a subsidiary of IHH Healthcare and an associated company of Khazanah. Provision of facilities maintenance services to IMU. 314 - 314
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