275 INTEGRATED ANNUAL REPORT 2024 Key Messages Financial Statements Other Information NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 Overview of Wasco Berhad Value Creation Commitment to Governance Sustainability Journey 37 SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) Company 2024 RM’000 2023 RM’000 Significant transactions with subsidiaries (continued) Management fees receivables: - Wasco Management Services Sdn. Bhd. - 1,450 - Syn Tai Hung Trading Sdn. Bhd. - 789 - Wasco Process Engineering Sdn. Bhd. - 730 - Wasco AgroTech Sdn. Bhd. - 561 Management fees payables: - Wasco Management Services Sdn. Bhd. 4,302 3,724 Advances to subsidiaries: - Wasco Capital Sdn. Bhd. 132,735 29,100 - Wasco Management Services Sdn. Bhd. 20,745 - - Wasco Energy Ltd. 9,000 - - Wasco Coatings Services Sdn. Bhd. - 5,000 - Wasco Coatings Malaysia Sdn. Bhd. - 5,000 - Wasco Pipe Sabah Sdn. Bhd. - 5,000 Repayments from subsidiaries: - Wasco Capital Sdn. Bhd. (102,780) (21,027) - Wasco Management Services Sdn. Bhd. (20,745) - - Wasco Coatings Services Sdn. Bhd. - (5,000) - Wasco Coatings Malaysia Sdn. Bhd. - (5,000) - Wasco Pipe Sabah Sdn. Bhd. - (5,000) - WDG Resources Sdn. Bhd. - (2,400) - Wah Seong Management Services Sdn. Bhd. - (2,550) Advances from subsidiaries: - Maple Sunpark Sdn. Bhd. (85,600) (1,200) - Wasco AgroTech Sdn. Bhd. (40,080) - - Petro-Pipe Industrial Corporation Sdn. Bhd. (14,800) (33,000) - Wasco Capital Sdn. Bhd. - (9,689) - Petro-Pipe Industries (M) Sdn. Bhd. - (3,500) - Wasco Coatings Malaysia Sdn Bhd. (13,300) -
RkJQdWJsaXNoZXIy NDgzMzc=