Wah Seong Corporation Berhad Annual Report 2021 185 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 39 SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) Company 2021 2020 RM’000 RM’000 Significant transactions with subsidiaries Dividend income: - Jutasama Sdn. Bhd. 14,753 8,621 - Petro-Pipe Industrial Corporation Sdn. Bhd. 8,003 16,319 - Petro-Pipe Industries (M) Sdn. Bhd. 10 10 - Wah Seong Industrial Holdings Sdn. Bhd. - 2,464 Interest income: - WDG Resources Sdn. Bhd. 457 541 - Wah Seong Management Services Sdn. Bhd. 194 324 - Triple Cash Sdn. Bhd. 154 182 - Sunrise Green Sdn. Bhd. 35 132 - WSC Capital Sdn. Bhd. 3 4,520 - Maple Sunpark Sdn. Bhd. - 3,055 Management fees receivables: - PMT Industries Sdn. Bhd. 271 271 - Syn Tai Hung Trading Sdn. Bhd. 235 235 - Jutasama Sdn. Bhd. 162 162 - Mackenzie Industries Sdn. Bhd. 33 33 Management fees payables: - Wah Seong Management Services Sdn. Bhd. 1,964 3,776 Advances to subsidiaries: - WSC Capital Sdn. Bhd. 52,240 6,011 - Wah Seong Management Services Sdn. Bhd. 2,293 5,218 - Sunrise Green Sdn. Bhd. 449 246 Repayments from subsidiaries: - WSC Capital Sdn. Bhd. (52,240) (5,729) - Wah Seong Management Services Sdn. Bhd. (5,777) (968) - Sunrise Green Sdn. Bhd. - (11,218) - Maple Sunpark Sdn. Bhd. - (107) - Wah Seong Industrial Holdings Sdn. Bhd. - (16) Advances from subsidiaries: - Petro-Pipe Industries (M) Sdn. Bhd. (25,800) (17,200) - Syn Tai Hung Trading Sdn. Bhd. (10,000) (10,000) - Petro-Pipe Engineering Services Sdn. Bhd. (2,000) - - PPI Industries Sdn. Bhd. (260) - Repayments to subsidiaries: - Syn Tai Hung Trading Sdn. Bhd. 10,000 5,842 - Petro-Pipe Industries (M) Sdn. Bhd. 5,800 17,785 - Petro-Pipe Engineering Services Sdn. Bhd. 2,000 - - PPI Industries Sdn. Bhd. 260 6,278
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