Wasco Berhad Integrated Annual Report 2023

Notes to the Financial Statements FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 39 SIGNIFICANT RELATED PARTY DISCLOSURES (CONTINUED) Company 2023 2022 RM’000 RM’000 Significant transactions with subsidiaries (continued) Interest income: - WSC Capital Sdn. Bhd. 688 140 - Triple Cash Sdn. Bhd. 243 185 - Wasco Coatings Malaysia Sdn. Bhd. 110 - - WDG Resources Sdn. Bhd. 40 284 - Wah Seong Management Services Sdn. Bhd. 51 200 Finance cost: - Petro-Pipe Industrial Corporation Sdn. Bhd. 953 - - Petro-Pipe Industries (M) Sdn. Bhd. 77 500 Management fees receivables: - Wasco Management Services Sdn. Bhd. 1,450 2,486 - Syn Tai Hung Trading Sdn. Bhd. 789 1,352 - Wasco Process Engineering Sdn. Bhd. (formerly known as Jutasama Sdn. Bhd.) 730 1,250 - Wasco AgroTech Sdn. Bhd. (formerly known as PMT Industries Sdn. Bhd.) 561 962 - Wasco Thermal Sdn. Bhd. (formerly known as Mackenzie Industries Sdn. Bhd.) 191 327 - WDG Resources Sdn. Bhd. 164 282 - Maple Sunpark Sdn. Bhd. 44 76 - Sunrise Green Sdn. Bhd. 44 76 Management fees payables: - Wasco Management Services Sdn. Bhd. 3,724 2,050 Integrated Annual Report 2023 266

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