Sasbadi Annual Report 2023

30. RELATED PARTIES (continued) The Group and the Company have related party relationships with its subsidiaries and key management personnel. Related party transactions have been entered in the normal course of business under negotiated terms. The significant related party transactions are shown below. Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Subsidiaries Share-based payments - - - (480) Dividend income - - (1,039) (5,668) Key management personnel: Directors’ remuneration - Fees 322 240 322 240 - Other emoluments 844 780 - - 1,166 1,020 322 240 The estimated monetary value of Directors’ benefit-in-kind of the Group is RM59,100 (2022: RM59,100). ANNUAL REPORT 2023 SASBADI HOLDINGS BERHAD 137 Financial Statements (continued)

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