Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 36 ADDITIONAL COMPLIANCE INFORMATION (cont’d) Recurrent Related Party Transactions (“RRPT”) Related party transaction has been entered into the normal course of business under terms agreed between the Group and the related parties. The significant related party transaction of the Group are the Rental of premises to our subsidiary Asia Media Sdn Bhd from Peakmax Sdn Bhd, a company in which Dato’ Wong Shee Kai and Teh Sew Wan are also directors and shareholders. Rental in FYE 2017 amounted to RM111,600.00 Material Contracts There were no other material contracts or loans entered into by the Company (not being contracts entered into in the ordinary course of business of the Company) involving the interests of the Directors Chief Executive who is not a Director or Major Shareholders for the financial year under review.