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KUMPULAN FIMA BERHAD
(11817-V) |
Annual Report
2016
35. RELATED PARTY DISCLOSURES
(a) Significant 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.
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
Fima Corporation Berhad, a subsidiary
- Rental expense
-
-
(761)
(673)
Dividend income from associated
companies
- Marushin Canneries (Malaysia) Sdn. Bhd.
1,140
1,520
1,140
1,520
Advisory services rendered
by corporate shareholder,
BHR Enterprise Sdn. Bhd.
(120)
(120)
(120)
(120)
Services rendered by*
- TD Technologies Sdn. Bhd.
(69)
(71)
-
-
- First Zanzibar Sdn. Bhd.
(44)
(22)
-
-
Purchases made from related parties*
- PT Pohon Emas Lestari
(5,003)
(8,359)
-
-
- Nationwide Express Courier Services
Berhad
(266)
(53)
-
-
* Related parties by virtue of common shareholders/common directors.
(b) Compensation of key management personnel
Key management personnel are those persons having authority and responsibility for planning,
directing and controlling the activities, directly or indirectly, including any director (whether executive or
otherwise).
The key management personnel compensation are as follows:
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
Short-term employee benefits
5,877
5,982
2,097
1,793
Post-employment benefits:
Defined contribution plan
975
1,022
365
331
6,852
7,004
2,462
2,124