Change - S P Setia Berhad

135
S P Setia Berhad Group
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2008
46. RELATED PARTY DISCLOSURES (cont’d)
(a)
Significant related party transactions during the financial year are as follows: (cont’d)
Transactions with directors
of the Company, close family
members of the directors
and companies, firms in
which they have interests
------------- 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
Sale of development properties to
– Dato’ Voon Tin Yow 7,709 629 – – – – – –
– Ng Soon Lai @ Ng Siek Chuan – 2,056 – – – – – –
– Chang Khim Wah – 599 – – – – – –
Sale of development properties
to Rekasemi Resources Sdn
Bhd, a company in which
Tan Sri Dato’ Hari Narayanan
A/L Govindasamy
has financial interest 3,200 – – – – – – –
Sale of development properties
to Oracle Power Sdn Bhd,
a company in which Yap
Kok Weng has financial interest 2,252 – – – 968 – – –
Sale of development properties
to companies in which Tan Sri
Dato’ Sri Liew Kee Sin has
financial interest
– Jernih Padu Sdn Bhd – 1,464 – – – 146 – –
– Bima Murni Sdn Bhd – 1,454 – – – 145 – –
– Gito Jaya Sdn Bhd – 4,670 – – – – – –
– Citra Budaya Sdn Bhd – 4,487 – – – – – –
– Arca Unggul Sdn Bhd 8,055 – – – – – – –
– Tanjung Inai Sdn Bhd 7,677 – – – – – – –
Deposit to be refunded for
the revocation of sale of
development properties to
– Dato’ Voon Tin Yow – – – – 66 – – –
– Maya Sepadu Sdn Bhd – – – – 122 – – –
Rental paid to Dato’ Voon Tin Yow 13 30 13 30 – – – –