Jun Song Lim asked 3 years ago
Under silverlake annual report(coporate governance) I have question regarding this section “Reccurent Interest person transactions of a revenue or trading nature”
- What is the difference between interest person transcation and related party transaction?
- Under this section,it mention this two terms “IPT mandate” and “ancillary transaction”?What is the difference between this two terms
1 Answers
Victor Chng answered 3 years ago
Hi Jun Song,
- Both are the same thing
- IPT mandate is Interested party transaction mandate which need approval by the board.
- As for ancillary transaction, If i am not wrong, it should be the support given to each other for related party transaction entities.
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