Tropicana Corporation Berhad Annual Report 2022

36. SIGNIFICANT RELATED PARTY TRANSACTIONS In addition to the related party information disclosed elsewhere in the financial statements, the following significant transactions between the Group and the related parties took place at terms agreed between the parties during the financial year: (a) Transactions with subsidiaries 2022 2021 RM’000 RM’000 Company Dividend income from subsidiaries (Note 4) 3,121 21,754 Management fees from subsidiaries (Note 4) 17,341 20,475 Finance income on amounts due from subsidiaries (Note 7) 140,456 120,721 Management fees charged by a subsidiary (Note 9) (6,585) (7,589) Finance costs on amounts due to subsidiaries (Note 8) (49,845) (52,305) (b) Transactions with entities related to Tan Sri Dato’ Tan Chee Sing (Major shareholder of the Company) 2022 2021 RM’000 RM’000 Group Advances to the Group 115,151 – Rental income receivable/received 7,650 6,282 COVID-19-related rent concessions – (5,975) Security charges receivable/received 55 121 Utilities charges receivable/received – 112 Transportation cost payable/paid (1,475) (675) Entertainment expenses payable/paid (246) (172) Gift expense payable/paid (959) (1,129) Recruitment expenses payable/paid – (26) Marketing expenses payable/paid (1,498) (830) Company Transportation cost payable/paid (1,475) (675) Entertainment expenses payable/paid (246) (151) Gift expense payable/paid (903) (1,059) NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 266 ANNUAL REPORT 2022

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