Related Party Disclosure Task ? 1. Specification: Undertaking A owns 30% of undertaking B and...
80.2K
Verified Solution
Link Copied!
Question
Finance
Related Party Disclosure
Task ? 1.
Specification:
Undertaking A owns 30% of undertaking B and has significant influence in this undertaking. The undertaking B has the following investments: 70% - in the authorised capital of undertaking C, 50% - in the authorised capital of undertaking D and 30% and significant influence in undertaking E. Undertaking A does not have significant influence in E.
Question:
Which of the above mentioned undertakings are related to undertaking A, and in respect of which undertaking A should comply with requirements for disclosures of related party transactions?
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
