Frontken Berhad Annual Report 2024

FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 100 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 14. TRADE RECEIVABLES, OTHER RECEIVABLES, DEPOSITS AND PREPAID EXPENSES (CONT’D) Included in trade receivables of the Group are the following amount owing by the related parties: The Group 2024 2023 RM RM AMT Engineering Sdn. Bhd. 675 6,180 A & I Engine Rebuilders Sdn. Bhd. 920 14,690 Tenaga-Tech (M) Sdn. Bhd. 2,573 16,186 4,168 37,056 The said amount, which arises mainly from trade transactions, is unsecured, interest-free and repayable on demand. The amount owing is to be settled in cash. The related parties and their relationships with the Group are as follows: Name of related parties Relationship A & I Engine Rebuilders Sdn. Bhd. A company in which Sia Chiok Meng, a director of a subsidiary, is also a director and has a nancial interest. AMT Engineering Sdn. Bhd. A company in which Sia Chiok Meng, a director of a subsidiary, is also a director and has a nancial interest. Tenaga-Tech (M) Sdn. Bhd. A company in which Mohd Shukri Bin Hitam and Fauziah Binti Hamlawi, directors of a subsidiary, are also directors and have nancial interest. Transactions undertaken with related parties during the nancial year are as follows: The Group 2024 2023 RM RM A & I Engine Rebuilders Sdn. Bhd. Sales 22,872 47,290 AMT Engineering Sdn. Bhd. Sales 30,717 26,195 Purchases - 1,196 Rental expense 144,000 144,000 Tenaga-Tech (M) Sdn. Bhd. Sales 20,601 40,274 Purchases 132,468 74,417 Director of a subsidiary Rental expense 120,000 120,000

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