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CHAIRMAN’S           DELIVERING            MSM           MANAGEMENT DISCUSSION    GROUP FINANCIAL
                  STATEMENT             VALUE               OVERVIEW            & ANALYSIS            REPORT


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







           35  SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED)

               (a)  Significant transactions with related parties (continued)
                                                                               Group                Company
                                                                           2020        2019       2020       2019
                                                                         RM’000     RM’000     RM’000      RM’000

                   (iv)  Transaction with D’Saji
                       - provision of refreshment                             7          70          7         70

                   (v)  Transaction with FELDA
     218               - rental                                             409         653        409        653


       MSM MALAYSIA HOLDINGS BERHAD   Annual Report 2020
                   (vi)  Transaction with Felda Engineering
                       - installation and construction of utilities building     865  5,792          -           -

                   (vii)  Transactions with subsidiaries:
                       Dividends received from:
                       - MSM Prai                                                               (75,000)   (27,270)
                       - MSM Trading International                                                   -     (16,448
                       Interest received/receivable from:
                       - MSM Perlis                                                               (815)     (2,188)
                       - MSM Johor                                                              (35,606)   (55,116)
                       Interest paid/payable to:
                       - MSM Prai                                                                (4,120)    (3,440)

                       Management fees from:
                       - MSM Prai                                                                (8,040)    (8,040)
                       - MSM Perlis                                                              (1,860)    (1,860)
                       - MSM Logistics                                                            (182)       (182)
                       - MSM Johor                                                               (4,020)    (4,020)
                       Office rental from:
                       - MSM Johor                                                                 (35)        (61)
                       - MSM Prai                                                                 (203)       (316)
                       - MSM Logistic                                                               (7)        (10)
                       Land rental from:
                       - MSM Johor                                                               (2,167)    (1,796)
                       Loan modification recharge payable/(receivable)
                         from MSM Johor                                                         11,695     (26,818)

                       Lease interest recharge receivable from MSM Johor                         (1,053)    (1,066)

                   These transactions were undertaken on agreed terms between the related parties.
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