Megachem Limited Annual Report 2015 59 The aggregate value of interested person transactions entered during FY2015 were as follows:- Name of interested person Aggregate value of all interested person transactions during the financial year ended 31 December 2015 under review (excluding transactions less than $100,000 and transactions conducted under shareholders’ mandate pursuant to Rule 920) Aggregate value of all interested person transactions during the financial year ended 31 December 2015 conducted under shareholders’ mandate pursuant to Rule 920 (excluding transactions less than $100,000) Transportation services rendered by Ipem Automation Sdn. Bhd, a Company owned by associates of Mr Chew Choon Tee, a director of Megachem Group. (Note 1) Nil (Note 5) Sales of products to Chori Co., Ltd, a controlling shareholder of the Company, and its associates. (Note 2) Nil (Note 5) Purchase of products from Chori Co., Ltd, a controlling shareholder of the Company, and its associates. (Note 2) S$109,226 Nil (Note 5) Purchase of products from SPCI Pte Ltd, a company of which Dr Tay Kin Bee is also a director. (Note 3) Nil (Note 5) Short term loan from Tan Bock Chia, a director of Megachem Limited. (Note 4) Nil (Note 5) Note 1 : The Group has entered into interested person transactions amounting in aggregate to S$95,681 which fell outside the scope of Rule 905 and 906 of Catalist Rules. Note 2 : The Group entered into sales and purchase transactions amounting to S$5,090 and S$747,650 respectively. Saved for the purchase transaction which amounted to S$109,226 as disclosed in the above table, each sales and purchase transaction was below S$100,000 which fell outside the scope of Rule 905 and 906 of Catalist Rules. Note 3 : The Group entered into purchase transactions amounting to S$90,778 which fell outside the scope of Rule 905 and 906 of Catalist Rules. Note 4 : The short term loan of S$696,640 received by the Group is interest-free. The loan remained outstanding as at 22 February 2016. Note 5 : There was no general shareholders’ mandate obtained for interested person transactions for the financial year ended 31 December 2015.
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