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QuestionsCategory: MiscellaneousCorporate Governence in annual report
Jun Song Lim asked 4 years ago

Under silverlake annual report(coporate governance) I have question regarding this section “Reccurent Interest person transactions of a revenue or trading nature” 

  1. What is the difference between interest person transcation and related party transaction?
  2. 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 4 years ago

Hi Jun Song,

  1. Both are the same thing
  2. IPT mandate is Interested party transaction mandate which need approval by the board. 
  3. As for ancillary transaction, If i am not wrong, it should be the support given to each other for related party transaction entities.