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SUSTAINABILITY EFFECTIVE CORPORATE FINANCIAL ADDITIONAL DETAILS OF THE ANNUAL
REPORT LEADERSHIP GOVERNANCE STATEMENTS INFORMATION GENERAL MEETING

NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

35 SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED)

Related parties and their relationship with the Group are as follows:
Related parties Relationship
Federal Land Development Authority (“FELDA”) Ultimate holding body*
FGV Holdings Berhad (“FGVH”) Immediate holding company*
Felda D’Saji Sdn Bhd (“D’Saji”) Subsidiary of FELDA
KPF Trading Sdn. Bhd (Felda Trading Sdn Bhd) (“KPF”) Subsidiary of FELDA
Felda Holdings Berhad (“FHB”) Subsidiary of FGVH
FGV Prodata Systems Sdn Bhd (“FPSB”) Subsidiary of FGVH 217
FGV Security Services Sdn Bhd (“FSS”) Subsidiary of FGVH
Felda Engineering Services Sdn Bhd (“Felda Engineering”) Subsidiary of FGVH
Felda Global Ventures Capital Sdn Bhd (“FGVC”) Subsidiary of FGVH
FGV Fertiliser Sdn Bhd (“FPM”) Subsidiary of FGVH
MSM Sugar Refinery (Johor) Sdn Bhd (“MSM Johor”) Subsidiary company
MSM Logistics Sdn Bhd (“MSM Logistics”) Subsidiary company
MSM Prai Berhad (“MSM Prai”) Subsidiary company
MSM Perlis Sdn Bhd (“MSM Perlis”) Subsidiary company
MSM Trading & Distribution Sdn Bhd (“MSM Trading”) Subsidiary company
MSM Trading International DMCC (“MSM Trading International”) Subsidiary company
* FGVH was reflected as the ultimate holding company in the previous financial year. However, following the events as MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020
disclosed in Note 41(b) to the financial statements, FELDA and FGVH are deemed as ultimate holding body and immediate
holding company respectively as at 31 December 2020.

(a) Significant transactions with related parties
Group Company
2020 2019 2020 2019
RM’000 RM’000 RM’000 RM’000
(i) Transactions with FGVH:
- management fees:
- current year 2,819 7,776 1,616 1,531
- adjustment in respect of prior year - (827) - -
- sales of refined sugar - - - -
- other services 203 2 194 22
3,022 6,951 1,810 1,553

(ii) Transactions with FHB and subsidiaries of FHB:
- sales of refined sugar (11) - - -
- security services (FSS) 1,197 1,491 59 4
- other services 8,544 3,366 19 179

(iii) Transactions with KPF:
- sales of refined sugar (1,376) (3,418) - -
- insurance service 279 301 - -