Maxis Berhad
Annual Report 2015
page
188
Disclosure of
Recurrent Related Party Transactions
At an Extraordinary General Meeting held on 28 April 2015, the Company obtained a mandate from its shareholders (“Shareholders’ Mandate”) for
recurrent related party transactions (“RRPTs”) of a revenue or trading nature.
In compliance with Paragraph 10.09(2)(b) and Paragraph 3.1.5 of Practice Note 12 of the MMLR of Bursa Malaysia Securities Berhad, such Shareholders’
Mandate is subject to annual renewal and the disclosure in the Annual Report of RRPTs conducted pursuant to the mandate during the financial year
ended 31 December 2015 where the aggregate value of such RRPTs is equal to or more than RM1 million or 1% of the relevant percentage ratio for such
transactions, whichever is the higher.
Set out below are the relevant RRPTs for which Shareholders’ Mandate had been obtained together with a breakdown of the aggregate value of the
RRPTs which had been conducted pursuant to the Shareholders Mandate and met the prescribed threshold.
No.
Company
in the
Maxis Group
involved Transacting Parties
Nature of transaction
Nature of
relationship
Value incurred
from 1 January
2015 to
27 April 2015
(RM’000)
Value incurred
from 28 April
2015 to
31 December
2015
(RM’000)
Aggregate
value of
transactions
during the
financial year
(RM’000)
Transactions with Astro Malaysia Holdings Berhad (“AMH”) Group
1.
Maxis Mobile
Services
Sdn. Bhd.
(“MMSSB”)
Astro Digital 5 Sdn. Bhd.
(“AD5SB“)
Provision of services and content
to MMSSB to provide premium
SMS/WAP/MMS content to Maxis
subsribers
Please refer
to Note 1
1,069
437
1,506
2. MMSSB AD5SB
Provision of services as MMSSB’s
(i) exclusive content aggregator,
publishing and advertising agency
services provider across Maxis’
Internet properties (other than
mobile properties and IPTV
services); (ii) exclusive advertising
agency services provider for IPTV
services; and (iii) non-exclusive
content aggregator, publishing and
advertising agency services provider
across Maxis’ mobile properties
Please refer
to Note 1
974
Nil
974
3. Maxis
Broadband
Sdn. Bhd.
(“MBSB”)
Measat Broadcast
Network Systems Sdn.
Bhd. (“MBNS”)
Provision of 1300 inbound telephony
solutions by MBSB
Please refer
to Note 1
8
12
20
4. MBSB
MBNS
Provision of managed
communication services by MBSB
Please refer
to Note 1
5,826
9,745
15,571
5. MMSSB MBNS
Provision of external content
provider aggregator services to
MBNS to provide premium SMS/
WAP/MMS/CRT/3G content to Maxis
subscribers
Please refer
to Note 1
Nil
1,260
1,260
6. MBSB
MBNS, AD5SB, Astro
Radio Sdn. Bhd.
(“ARSB”) and AMH’s
affiliates
Provision of leased circuits/ DIA/
Metro-E by MBSB
Please refer
to Note 1
274
796
1,070
