168
PETRA FOODS LIMITED
ANNUAL REPORT 2015
ADDITIONAL REQUIREMENTS OF SINGAPORE EXCHANGE SECURITIES TRADING LISTING MANUAL
(continued)
(e)
Interested person transactions and conflicts of interest (“IPT”)
Pursuant to Rule 920(1) of the Listing Manual, the Company has obtained a Shareholders’ Mandate for it to enter
into certain categories of interested person transactions with PT Tri Keeson Utama, PT Fajar Mataram Sedayu, PT
Freyabadi Indotama and PT Sederhana Djaja and each of their associates. Transactions with interested persons
which do not fall within the Shareholders’ Mandate shall be subject to the relevant provisions of Chapter 9 of
the Listing Manual of the SGX-ST.
As at 31 December 2015, the total IPT of US$16.4 million (2014: US$21.6 million) was recorded, as shown below.
Name of interested person
(1)
Aggregate value of all
interested person transactions
during the financial year under
review (excluding transactions
conducted under shareholders’
mandate pursuant to Rule 920)
(1)
Aggregate value of
all interested person
transactions conducted under
a shareholders’ mandate
pursuant to Rule 920
2015
2015
US$’000
US$’000
PT Freyabadi Indotama
- Sales of goods
17
162
- Purchase of products
–
15,567
- IT services
32
–
49
15,729
PT Fajar Mataram Sedayu
- Sales of goods
–
–
- Purchase of goods
–
598
–
598
PT Sederhana Djaja
- Lease of properties
–
31
49
16,358
Note:
(1)
Includes transactions less than S$100,000
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015
DISCLOSURE UNDER SGX-ST LISTING MANUAL REQUIREMENTS
