2012 Annual Report - Media Prima Berhad

41 RELATED PARTY TRANSACTIONS (CONTINUED)
(b) Transactions between Group entities
Name of company
The New Straits Times Press (Malaysia) Berhad (“NSTP”)
Sistem Televisyen Malaysia Berhad (“STMB”)
Metropolitan TV Sdn Bhd (“8TV”)
Natseven TV Sdn Bhd (“ntv7”)
Ch-9 Media Sdn Bhd (“Ch-9”)
Big Tree Outdoor Sdn Bhd
UPD Sdn Bhd
Synchrosound Studio Sdn Bhd
Merit Idea Sdn Bhd
Kurnia Outdoor Sdn Bhd
Malaysian Newsprint Industries Sdn Bhd (“MNI”)
Relationship
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
A subsidiary of the Company
An associate of the Group
In addition to related party disclosures mentioned elsewhere in the financial statements, set out below are other
related party transactions which were carried out on terms and conditions attainable in transactions with
unrelated parties.
Purchases of goods and services
Group
2012 2011
RM’000 RM’000
Purchase of newsprints from:
– MNI 75,466 123,111
Sales and purchase of goods and services:
(i)
(ii)
RADIO OUTDOOR
NETWORKS
Company
2012 2011
RM’000 RM’000
Fees receivable in relation to provision of
procurement services to:
– STMB 1,361 3,269
– 8TV 1,169 2,334
– ntv7 934 1,247
– Ch-9 1,070 317
Dividends received/receivable net of tax from:
– STMB 76,439 97,778
– Big Tree Outdoor Sdn Bhd 9,675 9,000
– NSTP 23,991 159,406
– UPD Sdn Bhd 3,326 3,000
– Synchrosound Studio Sdn Bhd 8,000 4,500
– Kurnia Outdoor Sdn Bhd 4,000 –
(iii) Purchase of advertisement slots from NSTP – 1,995
TELEVISION
NETWORKS
PRINT
CONTENT
CREATION
NEW MEDIA
233
annual
report
2012
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