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Annual Report 2014 | S P SETIA BERHAD GROUP | 187

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 October 2014

V. FINANCIAL STATEMENTS

41. RELATED PARTY DISCLOSURES (CONT’D)

(a) Significant related party transactions during the financial year are as follows: (cont’d)

Transaction value

Balance outstanding

Group

Company

Group

Company

2014

2013

2014

2013

2014

2013

2014

2013

RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000

Restated

Restated

Restated

Restated

Transactions with directors

of the Company, close family

members of the directors

and companies, in which they

have interests

Sale of development properties to

directors of the Company

- Dato’ Voon Tin Yow

4,602

12,741

-

-

404*

377

-

-

- Ng Soon Lai @ Ng Siek Chuan

-

-

-

-

167*

-

-

-

- Tun Dato’ Seri Zaki Bin Tun Azmi

4,904

-

-

-

-

-

-

-

- Dato’ Khor Chap Jen

8,822

3,664

-

-

160*

157

-

-

- Close family member of

Ng Soon Lai @ Ng Siek Chuan

554

-

-

-

-

-

-

-

- Close family member of

Dato’ Khor Chap Jen

232

-

-

-

81*

-

-

-

- Tan Sri Dato’ Hari Narayanan A/L

Govindasamy and close

family member

-

-

-

-

198*

-

-

-

Disposal of entire equity interest in a

subsidiary, SPSSS to a director of

the Company

- Tun Dato’ Seri Zaki Bin Tun Azmi

278

-

278

-

-

-

-

-

Transactions with former directors

of the Company, close family

members of the former directors

and companies, in which

they have interests

Sale of development properties to

former directors of the Company

- Tan Sri Dato’ Sri Liew Kee Sin

15,218

13,221

-

-

-

-

-

-

- Tan Sri Lee LamThye

-

945

-

-

-

-

-

-

* The balances outstanding as at 31 October 2014 have been subsequently paid