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Notes to the
Financial Statements
As at 31 March 2020
Fima CORPORATION Berhad
(197401004110)
(21185-P)
• Annual Report 2020
177
34. Commitments
Group
Company
2020
2019
2020
2019
RM’000
RM’000
RM’000
RM’000
Capital expenditure:
Approved and contracted for:
Property, plant and equipment
3,112
2,970
-
-
Approved but not contracted for:
Property, plant and equipment
28,379
25,712
1,083
944
31,491
28,682
1,083
944
35. Related party disclosures
(a) Related party transactions
In addition to the transactions detailed elsewhere in the financial statements, the Group and the Company had the following
transactions with related parties during the financial year.
Income/(expense)
2020
2019
RM’000
RM’000
Group
Ultimate holding company
- Rental income receivable
853
767
- Management fees/services payable
(1,339)
(891)
Fellow subsidiaries:
- Rental income receivable
180
165
- Service receivable
157
150
- Management services receivable
609
-
Related by virtue of common shareholder of the Company:
- Purchases made
(79)
(42)
- Rental income receivable
76
88
Related by virtue of director/(s) of the Company and/or Group having substantial interest:
- Services payable
(365)
(106)
- Purchases made
(5,925)
(6,572)
Associate:
- Management services receivable
-
10