v3.25.2
Related Party Transactions
 12 Months Ended
Mar. 31, 2025
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS
27 RELATED PARTY TRANSACTIONS  

 

Nature of relationships with related parties:

 

Name   Relationship with the Company
PT Star Alliance Intimates   Mr. Kendrew Hartanto has a 39.11% shareholding in the company.
SCP International   Mr. Koh Wah Seng Philip is a Director (appointed from December 21, 2022) and has a 82% shareholding in the company.
LGK Hong Kong Ltd.   Mr. Shim Siang Fan is a director and has a 100% shareholding in the company.
PT FGX Indonesia   Mr. Nursalim Podiono has a 99.9% shareholding in the company.
PT Sinar Klaten Makmur   Mr. Nursalim Podiono has a 99.36% shareholding in the company.
PT Diana Mode Indonesia   A company where Mr. Salim Podiono and Mr. Nursalim Podiono are both directors and each have a 25% shareholding in the company
PT Diana Retail Indonesia   Mr. Halim Podiono, a sibling of Salim Podiono has a 95% shareholding in the company
PT Gunung Mas International   Mr. Taslim Podiono, a sibling of Salim Podiono and Nursalim Podiono, has a 55% shareholding in the company
Lejaby Maison De Creation   Mr. Salim Podiono has 100% shareholding in the company.
Mr. Salim Podiono   Chairman of the board of directors, and controlling shareholder of the Company
Mr. Nursalim Podiono   Shareholder of 9.4% of the issued Class A Shares in the Company
Mr. Shim Siang Fan   Shareholder of 14.2 % of the issued Class A Shares in the Company

Related party transactions:

 

The related parties had transactions for the financial year ended March 30, 2023, 2024 and 2025 consist of the following:

 

             For the financial year end  
Name   Nature   Description   March 31,
2023		     March 31,
2024		     March 31,
2025		  
            USD’000     USD’000     USD’000  
PT Star Alliance Intimates(a)   Trade   CMT charges and related direct costs     1,895       4,506       5,268  
Mr. Salim Podiono   Trade   Rental expense and service charge     135       371       476  
SCP International   Trade   Service fee orders allocation     165      
-
      
-
  
Lejaby Maison De Creation   Trade   Sales of goods    
-
      
-
       99  
PT Diana Retail Indonesia   Trade   Sales of goods    
-
      
-
       565  
PT Gunung Mas International   Non-trade   License fee    
-
       24      
-
  
PT Diana Mode Indonesia   Non-trade   License fee    
-
      
-
       93  

 

The balances with related parties as at March 31, 2024 and 2025 are as follows:  

 

   Nature of
transactions		  As of
March 31,
2024		   As of
March 31,
2025		 
      USD’000   USD’000 
Amounts due from related parties           
PT Star Alliance Intimates  Trade   460    235 
              
Non-Trade Receivables             
PT Gunung Mas International  Non-trade   71    
-
 
              
Trade Receivables             
PT Diana Retail Indonesia  Trade   
-
    601 
              
Trade payable and other payables             
PT Star Alliance Intimates  Trade   282    
-
 
LGK HongKong Ltd  Trade   
-
    125 
              
Amount due to shareholder             
Shim Siang Fan  Non-trade   57    52 

Compensation of key management personnel

 

Key management personnel are those persons having the authority and responsibility for planning, directing and controlling the activities of the Company, directly and indirectly, including any Director (whether executive or otherwise) of the Company.

 

The remuneration of the Directors of the Company during the financial year were as follows:

 

The remuneration of the Directors and Commissioner of the Company during the financial year were as follows:

 

   For the financial year end 
   March 31,
2023		   March 31,
2024		   March 31,
2025		 
    USD’000   USD’000   USD’000 
             
Salary and wages   123    198    642 
Directors’ fees   
-
    
-
    269 
Allowance   28    38    5 
    151    236    916