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9. Material contracts
There is no material contract by the Company and its subsidiary companies, involving Directors’ and major shareholders’ interest substituting at the end of the fnancial year.
10. Recurrent related party transactions statement
At Annual General Meeting (AGM) held 31 May 2010, the Company obtained a shareholders’ mandate to allow the Group to enter into recurrent related party transactions of revenue or trading nature with the following parties:
Estimated aggregate value from
7 May 2010 Frequency Party transacted with Nature of transactions to date of next AGM of transactions RM’000
Metro Parking (M) Sdn Bhd Rental income for renting of land for 1,500 Monthly carpark
Teraju Fokus Sdn Bhd Security service fees payable 2,600 Monthly
HC Duraclean Sdn Bhd Housekeeping contract fees payable 6,700 Monthly
Pro Corporate Management Services Secretarial fees payable 200 Monthly Sdn Bhd
Healthcare Technical Services Sdn Bhd Project Management and 5,000 Contract basis Maintenance fee
16,000
COMPLIANCE
INFORMATION (cont’d)
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