NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 39 SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) Company 2022 2021 RM’000 RM’000 Significant transactions with subsidiaries (continued) Management fees receivables: - Wasco Management Services Sdn. Bhd. 2,486 - - Syn Tai Hung Trading Sdn. Bhd. 1,352 235 - Jutasama Sdn. Bhd. 1,250 162 - PMT Industries Sdn. Bhd. 962 271 - WDG Resources Sdn. Bhd. 282 - - Mackenzie Industries Sdn. Bhd. 327 33 - Maple Sunpark Sdn. Bhd. 76 - - Sunrise Green Sdn. Bhd. 76 - Management fees payables: - Wasco Management Services Sdn. Bhd. 2,050 - - Wah Seong Management Services Sdn. Bhd. - 1,964 Advances to subsidiaries: - WSC Capital Sdn. Bhd. 20,378 52,240 - Sunrise Green Sdn. Bhd. 80 449 - Wah Seong Management Services Sdn. Bhd. - 2,293 Repayments from subsidiaries: - WSC Capital Sdn. Bhd. (18,051) (52,240) - WDG Resources Sdn. Bhd. (9,023) - - Wah Seong Management Services Sdn. Bhd. (4,037) (5,777) - Sunrise Green Sdn. Bhd. (953) - Advances from subsidiaries: - WSC Capital Sdn. Bhd. (28,962) - - PMT Industries Sdn. Bhd. (8,000) - - Jutasama Sdn. Bhd. (7,000) - - Petro-Pipe Industries (M) Sdn. Bhd. - (25,800) - Syn Tai Hung Trading Sdn. Bhd. - (10,000) - Petro-Pipe Engineering Services Sdn. Bhd. - (2,000) - PPI Industries Sdn. Bhd. - (260) Repayments to subsidiaries: - WSC Capital Sdn. Bhd. 28,962 - - PMT Industries Sdn. Bhd. 8,000 - - Jutasama Sdn. Bhd. 7,000 - - Syn Tai Hung Trading Sdn. Bhd. 1,858 10,000 - Petro-Pipe Industries (M) Sdn. Bhd. - 5,800 - Petro-Pipe Engineering Services Sdn. Bhd. - 2,000 - PPI Industries Sdn. Bhd. - 260 Annual Report 2022 Wah Seong Corporation Berhad 189
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