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) Advances to subsidiaries: - WSC Capital Sdn. Bhd. 29,100 20,378 - Wasco Coatings Service Sdn. Bhd. 5,000 - - Wasco Coatings Malaysia Sdn. Bhd. 5,000 - - Wasco Pipe (Sabah) Sdn. Bhd. (formerly known as Petro-Pipe (Sabah) Sdn. Bhd.) 5,000 - - Sunrise Green Sdn. Bhd. - 80 Repayments from subsidiaries: - WSC Capital Sdn. Bhd. (21,027) (18,051) - Wasco Coatings Service Sdn. Bhd. (5,000) - - Wasco Coatings Malaysia Sdn. Bhd. (5,000) - - Wasco Pipe (Sabah) Sdn. Bhd. (formerly known as Petro-Pipe (Sabah) Sdn. Bhd.) (5,000) - - WDG Resources Sdn. Bhd. (2,400) (9,023) - Wah Seong Management Services Sdn. Bhd. (2,550) (4,037) - Sunrise Green Sdn. Bhd. - (953) Advances from subsidiaries: - Petro-Pipe Industrial Corporation Sdn. Bhd. (33,000) - - WSC Capital Sdn. Bhd. (9,689) (28,962) - Petro-Pipe Industries (M) Sdn. Bhd. (3,500) - - Maple Sunpark Sdn. Bhd. (1,200) - - Wasco AgroTech Sdn. Bhd. (formerly known as PMT Industries Sdn. Bhd.) - (8,000) - Wasco Process Engineering Sdn. Bhd. (formerly known as Jutasama Sdn. Bhd.) - (7,000) Repayments to subsidiaries: - Petro-Pipe Industries (M) Sdn. Bhd. 23,500 - - WSC Capital Sdn. Bhd. 9,689 28,962 - Syn Tai Hung Trading Sdn. Bhd. 2,400 1,858 - Maple Sunpark Sdn. Bhd. 1,200 - - Wasco AgroTech Sdn. Bhd. (formerly known as PMT Industries Sdn. Bhd.) - 8,000 - Wasco Process Engineering Sdn. Bhd. (formerly known as Jutasama Sdn. Bhd.) - 7,000 267 Wasco Berhad
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