Wah Seong Corporation Berhad Annual Report 2020

176 WAH SEONG CORPORATION BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 39 SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) Company 2020 2019 RM’000 RM’000 Significant transactions with subsidiaries (continued) Advances to subsidiaries: - WSC Capital Sdn. Bhd. 6,011 6,300 - Wah Seong Management Services Sdn. Bhd. 5,218 1,538 - Sunrise Green Sdn. Bhd. 246 138 - WDG Resources Sdn. Bhd. - 19,600 Repayments from subsidiaries: - Sunrise Green Sdn. Bhd. (11,218) - - WSC Capital Sdn. Bhd. (5,729) (19,216) - Wah Seong Management Services Sdn. Bhd. (968) (586) - Maple Sunpark Sdn. Bhd. (107) - - Wah Seong Industrial Holdings Sdn. Bhd. (16) - - WDG Resources Sdn. Bhd. - (8,177) Advances from subsidiaries: - Petro-Pipe Industries (M) Sdn. Bhd. (17,200) - - Syn Tai Hung Trading Sdn. Bhd. (10,000) (18,800) - PPI Industries Sdn. Bhd. - (3,010) Repayments to subsidiaries: - Petro-Pipe Industries (M) Sdn. Bhd. 17,785 - - PPI Industries Sdn. Bhd. 6,278 - - Syn Tai Hung Trading Sdn. Bhd. 5,842 8,700 Significant outstanding balances with related parties at the financial year end are as follows: Company 2020 2019 RM’000 RM’000 Amounts due from/(to) subsidiaries: - WDG Resources Sdn. Bhd. 11,482 11,536 - Triple Cash Sdn. Bhd. 5,225 5,039 - Wah Seong Management Services Sdn. Bhd. 4,346 4,737 - Maple Sunpark Sdn. Bhd. 3,492 67,011 - Sunrise Green Sdn. Bhd. 469 14,092 - Jutasama Sdn. Bhd. 213 1,652 - WSC Capital Sdn. Bhd. - 64,945 - Syn Tai Hung Trading Sdn. Bhd. (14,249) (10,460) - Wasco Management Services Sdn. Bhd. (2,968) (2,909) - PPI Industries Sdn. Bhd. - (6,610) - Petro-Pipe Industries (M) Sdn. Bhd. - (613)

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