100
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
19. TRADERECEIVABLES, OTHERRECEIVABLES, DEPOSITSANDPREPAIDEXPENSES (CONT’D)
The related parties and their relationships with the Group are as follows:
Name of related parties
Relationship
A & I Engine Rebuilders Sdn. Bhd.
A company in which Sia Chiok Meng, a director of a subsidiary,
is also a director and has a financial interest.
AMT Engineering Sdn. Bhd.
A company in which Sia Chiok Meng, a director of a subsidiary,
is also a director and has a financial interest.
Tenaga-Tech (M) Sdn. Bhd.
A company in which Mohd Shukri Bin Hitam and Fauziah Binti
Hamlawi, directors of a subsidiary, are also directors and have
financial interest.
Cleanpart Dresden GmbH & Co. Kg
Jorg Helmut Hohnloser, a director and shareholder of the
Company, is also a director and shareholder of Cleanpart
Dresden GmbH & Co. Kg.
Frontken (Thailand) Co. Ltd.
An associated company.
Chinyee Engineering & Machinery Pte. Ltd. An associated company.
Transactions undertaken with related parties during the financial year are as follows:
The Group
2014
2013
RM
RM
A & I Engine Rebuilders Sdn. Bhd.
Sales
3,190
1,735
AMT Engineering Sdn. Bhd.
Sales
75,789
61,430
Purchases
22,447
1,830
Rental expense
144,000
144,000
Tenaga-Tech (M) Sdn. Bhd.
Purchases
609,492
–
Rental expense
57,338
–
Cleanpart Dresden GmbH & Co. Kg
Sales
110,795
–
Frontken (Thailand) Co., Ltd.
Purchases
142,888
–
Chinyee Engineering & Machinery Pte. Ltd.
Sales
–
731,280
Purchases
–
73,634
