Fraser & Neave Holdings Bhd Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 06 Financial Statements 207 NOTES TO THE FINANCIAL STATEMENTS 33. RELATED PARTIES (CONTINUED) SIGNIFICANT RELATED PARTY TRANSACTIONS (CONTINUED) Group Company Note 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 G. Other related parties of TCC Group 33.1 Purchases of goods (42,925) (40,685) – – Management fees (2,026) (2,623) – – Insurance premium paid (3,093) (2,569) – – H. PNB Group 33.2 Sales of goods 59,158 58,288 – – Purchases of goods (44,087) (54,768) – – Rental of equipment paid (3,074) (2,989) – – I. Key management personnel Non-Executive Directors Fees 1,275 1,173 1,275 1,173 Estimated monetary value of benefits-in-kind 47 46 47 46 1,322 1,219 1,322 1,219 Other key management personnel Remuneration 12,950 11,364 – – Contributions to defined contribution plan 828 764 – – Share-based payments 541 1,666 – – 14,319 13,794 – – 15,641 15,013 1,322 1,219 33.1 These refer to companies and entities which are jointly controlled by Tan Sri Charoen Sirivadhanabhakdi and his spouse, Puan Sri Wanna Sirivadhanabhakdi, who have a deemed indirect interest in the Company, held through F&NL pursuant to Section 8 of the Companies Act 2016. 33.2 PNB is deemed a related party by virtue of its interest in the shares of the Company, held through AmanahRaya Trustees Berhad. The number of Directors of the Company whose total remuneration during the current and previous financial year within the following bands is analysed below: Non-Executive Directors Remuneration (RM) 2019 2018 0 – 50,000 – 4 50,001 – 100,000 3 3 100,001 – 150,000 7 6 150,001 – 200,000 – – 200,001 – 250,000 1 1