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Directors - Boustead Holdings Berhad

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Notes to the Financial Statements<br />

40. SIGNIFICANT RELATED PARTY TRANSACTIONS<br />

136<br />

Significant related party transactions other than those disclosed elsewhere in the financial statements are<br />

as follows:<br />

Group Company<br />

2006 2005 2006 2005<br />

RM’000 RM’000 RM’000 RM’000<br />

Purchase of goods from Kao (M) Sdn Bhd,<br />

an Associate<br />

Purchase of goods from Johan Ceramics<br />

9,598 16,904 –– ––<br />

<strong>Berhad</strong>, a subsidiary of LTAT<br />

Purchase of goods from UAC <strong>Berhad</strong>,<br />

8,953 10,118 –– ––<br />

an Associate<br />

Agricultural research and advisory services<br />

paid to Applied Agricultural Resources<br />

24,987 25,281 –– ––<br />

Sdn Bhd, an Associate<br />

Insurance premium paid to Royal & Sun<br />

5,665 6,148 16 ––<br />

Alliance Insurance (M) <strong>Berhad</strong>, an Associate<br />

Insurance commission received from<br />

Royal & Sun Alliance Insurance (M) <strong>Berhad</strong>,<br />

5,912 4,948 80 83<br />

an Associate<br />

Stockist commission received from Riche Monde<br />

1,727 1,246 –– ––<br />

Sdn Bhd, an Associate<br />

Rental of office space to:<br />

2,537 3,093 –– ––<br />

– Affin <strong>Holdings</strong> <strong>Berhad</strong> group 12,852 12,353 –– ––<br />

– Other Associates<br />

Professional fees paid to MAA Arkitek in<br />

which our Director, Dato’ Ghazali Mohd Ali<br />

3,384 2,999 –– ––<br />

is a member 1,974 2,558 –– ––<br />

Sale of fuel to UAC <strong>Berhad</strong>, an Associate<br />

Sale of fuel to Johan Ceramics <strong>Berhad</strong>,<br />

1,432 –– –– ––<br />

a subsidiary of LTAT 278 –– –– ––<br />

Sale of fuel to PERNAMA, a subsidiary of LTAT<br />

Sale of fuel to <strong>Boustead</strong> Naval Shipyard Sdn Bhd,<br />

1,134 –– –– ––<br />

an Associate 2,408 –– –– ––

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