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188 | S P SETIA BERHAD GROUP | Annual Report 2014

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 former directors

of the Company, close family

members of the former directors

and companies, in which they

have interests (cont’d)

Sale of development properties to

companies in which

- Tan Sri Dato’ Sri Liew Kee Sin has

financial interest

- Citra Budaya Sdn Bhd

-

3,469

-

-

-

(167)

-

-

- Tan Sri Dato’ Sri Liew Kee Sin has

financial interest

- Maya Sepadu Sdn Bhd

-

5,555

-

-

-

-

-

-

- Tan Sri Dato’ Sri Liew Kee Sin has

financial interest

- Gito Gaya Sdn Bhd

-

10,169

-

-

-

(225)

-

-

- Tan Sri Dato’ Sri Liew Kee Sin has

financial interest

- WRXY Assets Sdn Bhd

-

155,301

-

-

-

27,456

-

-

Transactions between jointly

controlled entities and former

directors of the Company

Sale of development properties to

- Dato’ Leong Kok Wah

-

5,357

-

-

-

-

-

-

- Dato’ Chang KhimWah

-

11,380

-

-

-

-

-

-