Malaysia legislation
Section 23
of Mengikut peraturan Bilangan 34 Peraturan-Peraturan Tanah Tahun 1966, adalah
Seksyen 23
TRADE AND OTHER PAYABLES
The Group
The Company 2005 2004 2005 2004
Trade payables 8,066,005 5,913,594 7,829,973 5,909,684
Amount due to ultimate holding corporation
(Note 29)
683,882 697,537 166,802 190,157
Amount owing to subsidiary companies
(Note 29)
—
—
16,500 61,427
Amount due to other related companies
(Note 29)
110,874 161,054 110,874 161,054
Other payables 2,298,173 3,457,022 2,283,818 3,419,949
Accruals 10,074,603 9,350,628 10,010,247 9,315,707
Progress billings 946,369
—
798,649
—
Deposits for disposal of land 90,000 339,000
—
297,000 22,269,906 19,918,835 21,216,863 19,354,978
The amounts owing mainly arose from trade transactions, rental payables, advances and payments on behalf. The amounts owing are interest-free and have no fixed terms of repayment. Transactions with related parties are disclosed in Note 30.