Wah Seong Corporation Berhad Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 174 40 SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) Company 2017 RM’000 2016 RM’000 Significant transactions with subsidiaries Dividend income: - Jutasama Sdn. Bhd. 9,875 16,525 - Petro-Pipe Industrial Corporation Sdn. Bhd. 988 879 Interest income: - WSC Capital Sdn. Bhd. 8,337 3,877 - Peakvest Sdn. Bhd. 952 950 - Petro-Pipe Industries (M) Sdn. Bhd. 363 821 - Sunrise Green Sdn. Bhd. 264 254 - Triple Cash Sdn. Bhd. 217 217 - Wasco Energy Limited - 384 - Jutasama Sdn. Bhd. - 77 Management fees receivables: - Syn Tai Hung Trading Sdn. Bhd. 1,340 1,131 - PMT Industries Sdn. Bhd. 662 1,056 - Jutasama Sdn. Bhd. 499 716 - Wasco Management Services Sdn. Bhd. 442 1,161 - Mackenzie Industries Sdn. Bhd. 136 177 - Peakvest Sdn. Bhd. 44 151 - Maple Sunpark Sdn. Bhd. 44 151 - Sunrise Green Sdn. Bhd. 44 151 - PPI Industries Sdn. Bhd. - 1,242 Net (repayment from)/advances to subsidiaries: - WSC Capital Sdn. Bhd. (76,593) (13,174) - Petro-Pipe Industries (M) Sdn. Bhd. (12,469) (4,173) - Wah Seong Industrial Holdings Sdn. Bhd. (43) 5 - Wah Seong Management Services Sdn. Bhd. 2,080 -