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perspective perspective - ChartNexus

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146<br />

NOTES TO THE FINANCIAL STATEMENTS (cont’d)<br />

28 SIGNIFICANT RELATED PARTY TRANSACTIONS (cont’d)<br />

Group<br />

Transactions Company/Individual 2005 2004<br />

RM’000 RM’000<br />

Transactions with subsidiary companies<br />

of a corporate shareholder,<br />

Tradewinds Corporation Berhad<br />

Procurement of airticket paid and payable Tradewinds Travel & Tours Sdn Bhd 47 29<br />

Procurement of insurance brokerage Tradewinds International Insurance 85 61<br />

services paid and payable Brokers Sdn Bhd<br />

Transactions with subsidiary companies<br />

of a corporate shareholder,<br />

CapitaLand Limited<br />

Procurement of management services<br />

paid and payable<br />

CapitaLand Residential Ltd 338 236<br />

Progress billings for sale of serviced<br />

apartments received and receivable<br />

Liang Court (Malaysia) Sdn Bhd 572 9,724<br />

Transactions with an associated company<br />

of a corporate shareholder,<br />

CapitaLand Limited<br />

Rental of premises paid and payable OneSentral Park Sdn Bhd 124 54<br />

Transactions with Directors of the Company<br />

Progress billings for sale of serviced Datuk Nur Jazlan 180 118<br />

apartments and condominiums received<br />

and receivable<br />

bin Tan Sri Mohamed<br />

Progress billings for sale of condominium Datuk Mohd Khamil 132 –<br />

received and receivable bin Jamil<br />

Progress billings for sale of condominium<br />

received and receivable<br />

Dr Choo Kian Koon 80 –<br />

Transactions with person related to a Director<br />

of the Company, Dato’ Ng Eng Tee<br />

for the financial year ended 31 December 2005<br />

Progress billings for sale of condominium<br />

received and receivable<br />

Dennis Ng Yew Kim 135 –<br />

The amounts that remained outstanding as at 31 December 2005 in respect of the above transactions with corporate shareholders<br />

and related parties are shown in Notes 21 and 23 to the financial statements.

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