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64 / 74

Malaysia

Consolidated

RM

RM

East

Countries

Kingdom

RM

RM

RM

23,854,845

20,198,989

5,267,632

2,877,626

52,199,092

-

32,151,969

-

27,818,146

59,970,115

-

935,235

-

125,810

1,061,045

YIKON

CORPORATION BHD

(527272-V)

Notes to the Financial Statements (cont’d)

2008

Middle

Other Asian

United

Revenue from external customers by location of customers

Geographical segments (cont’d)

Segment assets by location of assets

31.

SEGMENTAL INFORMATION (cont’d)

Capital expenditure by location of assets

32.

SIGNIFICANT RELATED PARTY TRANSACTIONS

2009

2008

2009

2008

RM

RM

RM

RM

The Directors of the Group and the Company are of the opinion that the above transactions have been entered into in the normal course of business and the terms are no favourable than those arranged with third parties.

For the purposes of these financial statements, parties are considered to be related to the Group or the Company if the Group or the Company has the ability, directly or indirectly, to control the party of exercise significant influence over the party in making financial and operating decisions, or vice versa, or where the Group or the Company and the party are subject to common control or common significant influence. Related parties may be individuals or other entities.

-

Key management personnel are defined as those persons having authority and responsibility for planning, directing and controlling the activities of the Group either directly or indirectly. The key management personnel include all the Directors of the Group entities.

-

-

Transaction with key management personnel

-

Interest on advances to a subsidiary paid/payable to directors, namely Chin Kok On and Chin Poh On

  • -

    61,358

Key management personnel compensation

-

Advances to a subsidiary from directors, namely Chin Kok On and Chin Poh On

200,000

Chin Kok On

28,288

115,327

-

-

Daniel Choong Yew Chee

23,868

-

-

-

Key management personnel compensation is disclosed in Note 26.

Rental of premises paid/ payable to directors, namely

The aggregate value of transactions and outstanding balances relating to key management personnel and entities over which they have control or significant influence were as follows:-

Transaction value for the year/period ended 31st December

Balance outstanding

Annual Report 2009

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