Change - S P Setia Berhad

133
S P Setia Berhad Group
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2008
46. RELATED PARTY DISCLOSURES
(a)
Significant related party transactions during the financial year are as follows:
Transactions with subsidiary
companies
------------- Transaction value ------------- ------------- Balance outstanding -------------
Group Company Group Company
2008 2007 2008 2007 2008 2007 2008 2007
RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
Construction services rendered
to subsidiary companies – – 1,020 11,533 – – 1,020 12,944
Interest received and receivable – – 22,185 11,663 – – 22,185 14,916
Management fee received and
receivable – – 135 145 – – – –
Disposal of a subsidiary company – – – * – – – –
Administrative, accounting
and management fees paid
and payable – – – 36 – – – –
Construction services rendered
by subsidiary companies – – – – – – – 3,775
Security management fee paid
and payable – – 2,055 1,620 – – – –
Transactions with jointly
controlled entities
Interest receivable 274 22 914 74 296 22 914 74
Security services rendered 91 – – – 6 – – –
Administrative, accounting and
management fee charged 879 – – – 182 – – –
Sales of building material 1,021 – – – 157 – – –
* Represent RM2