Frontken Berhad Annual Report 2020

Annual Report 2020 111 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) Notes to the Financial Statements (cont’d) 17. TRADE RECEIVABLES, OTHER RECEIVABLES, DEPOSITS AND PREPAID EXPENSES (CONT’D) Included in trade receivables of the Group are the following amount owing by the related parties:- The Group 2020 2019 RM RM AMT Engineering Sdn. Bhd. 1,275 7,495 Tenaga-Tech (M) Sdn. Bhd. 11,371 50,599 12,646 58,094 The said amount, which arises mainly from trade transactions, is unsecured, interest-free and repayable on demand. The amount owing is to be settled in cash. 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. Transactions undertaken with related parties during the financial year are as follows:- The Group 2020 2019 RM RM A & I Engine Rebuilders Sdn. Bhd. Sales 12,790 – AMT Engineering Sdn. Bhd. Sales 32,513 19,769 Purchases 1,460 1,450 Rental expense 135,000 144,000 Tenaga-Tech (M) Sdn. Bhd. Sales 25,383 52,904 Purchases 177,381 106,063 Other expenses – 5,302 Other income – 12,789