36. SIGNIFICANT RELATED PARTY TRANSACTIONS (CONT’D.) 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: (cont’d.) (c) Transactions with entities related to Tan Sri Dato’ Tan Chee Yioun (“Tan Sri Vincent Tan”), who is the brother of Tan Sri Dato’ Tan Chee Sing 2022 2021 RM’000 RM’000 Group Rental income receivable/received 1,263 808 Telephone charges payable/paid (2) (3) Insurance charges payable/paid (1,011) (534) Gift expense payable/paid – (4) Company Telephone charges payable/paid (1) (1) Insurance charges payable/paid (28) (7) Gift expense payable/paid – (1) (d) Sale of development properties 2022 2021 RM’000 RM’000 Group Sales of development properties to certain directors of subsidiaries 14,571 – The directors are of the opinion that all the above transactions were entered into in the normal course of business and have been established under terms that are no less favourable than those obtainable in transactions with unrelated parties. Information regarding outstanding balances arising from related party transactions as at 31 December 2022 and 31 December 2021 are disclosed in Note 23(b)(ii) and Note 33(b)(iii). 267 FINANCIAL STATEMENTS & OTHER INFORMATION
RkJQdWJsaXNoZXIy NDgzMzc=