Basic HTML Version
Annual Report 2013
• 114 •
In accordance with Section 3.1.5 of Practice Note 12 and Para 10.09(2)(b) of Main Market Listing Requirements of Bursa
Malaysia Securities Berhad, a breakdown of the aggregate value of recurrent related party transactions conducted during
the financial year ended 31 December 2013 pursuant to the Shareholder Mandate are disclosed as follows:
TYPE OF THE RECURRENT RELATED PARTY NAME OF THE RELATED PARTIES
ACTUAL VALUE OF
TRANSACTIONS MADE
RECURRENT RELATED
PARTY TRANSACTIONS
MADE DURING THE
FINANCIAL YEAR ENDED
31 DECEMBER 2013
RM
Provision of project management services,
Edisi Optima Sdn Bhd (“EOSB”)*
-
EPCC (Engineering, Procurement,
Construction, and Commissioning) of
Engineering Projects
Sales of fabricated/galvanized steel products Edisi Optima Sdn Bhd (“EOSB”)*
24,954
Provision of miscellaneous services such as Edisi Optima Sdn Bhd (“EOSB”)*
70,300
machineries/equipment, labour etc
Payment of cost of miscellaneous services
Edisi Optima Sdn Bhd (“EOSB”)*
54,165
such as machineries/equipment, labour etc
Sub-Total
149,419
Sales of fabricated/galvanized steel products PPES Works (Sarawak) Sdn Bhd
and structural steel works
(“PPES”)**
-
Sales of mild steel pipes, mild steel
CMS Infra Trading Sdn Bhd
38,825,549
mechanical couplings and pipe specials
(“CMSIT”)**
Purchase of wire mesh and related products CMS Wires Sdn Bhd (“CMSW”)**
-
Purchase of concrete products
CMS Concrete Products Sdn
-
Bhd (“CMSCP”)**
Purchase of cement
CMS Cement Sdn Bhd (“CMSC”)**
-
Sales of fabricated/galvanized steel products CMS Clinker Sdn Bhd (“CMSCL”)**
-
and structural steel works
Purchase of premix
CMS Premix Sdn Bhd (“CMSP”)**
-
Sales of fabricated/galvanized steel products CMS Quarries Sdn Bhd (“CMSQ”)**
-
and structural steel works
Sales of fabricated/galvanized steel products CMS Agrotech Sdn Bhd
-
and structural steel works
(“CMS Agrotech”)**
Sales of fabricated steel products to
CMS Cement Sdn Bhd (“CMSC”) **
-
CMS Cement Sdn Bhd
Road Maintenance/Reinstatement
CMS Roads Sdn Bhd (“CMSR”)**
-
Purchase of graded aggregates and
CMS Quarries Sdn Bhd (“CMSQ”)**
715,745
other related products
Sales of fabricated/galvanized steel products CMS Wires Sdn Bhd (“CMSW”)**
-
and structural steel works
Purchase of Steel Bar
CMS Infra Trading Sdn Bhd (“CMSIT”)**
-
Sales of fabricated/galvanized steel products, CMS Infra Trading Sdn Bhd (“CMSIT”)**
-
structural steel works and other related
products
Sub-Total
39,541,294
OTHER DISCLOSURES
(i) Recurrent Related Party Transactions of a Revenue or Trading Nature