Wah Seong Corporation Berhad Annual Report 2017

ADDITIONAL INFORMATION WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 191 A. Transactions of A Revenue or Trading in Nature Interested Related Party Provider of Products/Services Recipient of Products/Services Actual Value Transacted for the Financial Year Ended 31 December 2017 Nature of Transaction Dato’ Seri Robert Tan Chung Meng; Pauline Tan Suat Ming; Tony Tan Choon Keat; Tan Chin Nam Sdn. Bhd.; Tan Kim Yeow Sendirian Berhad; Wah Seong (Malaya) Trading Co. Sdn. Bhd. IGB Corporation Berhad Group of Companies Wasco Management Services Sdn. Bhd. RM1,119,699 Rental of premise and related facilities Dato’ Seri Robert Tan Chung Meng is a Director of Wah Seong Corporation Berhad Group and IGB Corporation Berhad Group and also a common indirect Major Shareholder of Wah Seong Corporation Berhad and IGB Corporation Berhad. His total direct and indirect shareholdings in Wah Seong Corporation Berhad are 1.50% and 40.18% respectively. His total direct and indirect shareholdings in IGB Corporation Berhad were 0.07% and 73.41% respectively. Pauline Tan Suat Ming is a common indirect Major Shareholder of Wah Seong Corporation Berhad and IGB Corporation Berhad. Her indirect shareholdings in Wah Seong Corporation Berhad and IGB Corporation Berhad are 40.46% and 73.41% respectively. Tony Tan Choon Keat is a Director of IGB Corporation Berhad and a common indirect Major Shareholder of Wah Seong Corporation Berhad and IGB Corporation Berhad. His indirect shareholdings in Wah Seong Corporation Berhad and IGB Corporation Berhad are 40.18% and 73.41% respectively. Tan Chin Nam Sdn. Bhd., Tan Kim Yeow Sendirian Berhad and Wah Seong (Malaya) Trading Co. Sdn. Bhd. are common Major Shareholders of Wah Seong Corporation Berhad and IGB Corporation Berhad. Tan Chin Nam Sdn. Bhd.’s total direct and indirect shareholdings in Wah Seong Corporation Berhad are 0.08% and 33.22% respectively. Tan Kim Yeow Sendirian Berhad’s total direct and indirect shareholdings in Wah Seong Corporation Berhad are 6.96% and 33.22% respectively. Wah Seong (Malaya) Trading Co. Sdn. Bhd.’s total direct and indirect shareholdings in Wah Seong Corporation Berhad are 32.89% and 0.34% respectively. Tan Chin Nam Sdn. Bhd.’s total direct and indirect shareholdings in IGB Corporation Berhad were 0.08%and 73.41% respectively. Tan KimYeow Sendirian Berhad’s indirect shareholdings in IGB Corporation Berhad was 73.41%. Wah Seong (Malaya) Trading Co. Sdn. Bhd.’s total direct and indirect shareholdings in IGB Corporation Berhad were 0.01% and 73.40% respectively. Wong Choon Seng; Rewi Hamid Bugo Syn Tai Hung Borneo Sdn. Bhd. Sabaconcrete Sdn. Bhd. RM3,545,735 Sale/Purchase of cements Wong Choon Seng is a common Director of Syn Tai Hung Borneo and Sabaconcrete Sdn. Bhd. He is also a Major Shareholder of Sabaconcrete Sdn. Bhd. by virtue of his direct 9% shareholding in Sabaconcrete Sdn. Bhd. Rewi Hamid Bugo is a common Director of Syn Tai Hung Borneo Sdn. Bhd. and Sabaconcrete Sdn. Bhd. He is also a Major Shareholder of Sabaconcrete Sdn. Bhd. by virtue of his indirect shareholding of 52% through Sego Holdings Sdn. Bhd. Syn Tai Hung Borneo Sdn. Bhd. is an indirect 70%-owned subsidiary of Wah Seong Corporation Berhad. SUMMARY OF SIGNIFICANT RECURRENT RELATED PARTY TRANSACTIONS