37
Report on
Corporate Governance
(E) DEALINGS IN SECURITIES
The Company has adopted an internal code on dealings in securities
,
which has been disseminated to all
Directors and officers within the Group
.
The Company will also send a notification via email to notify all its
Directors and officers at least a day prior to the close of window for trading of the Company
’
s securities
.
The Company
,
its Directors and officers of the Company are reminded not to deal (whether directly or
indirectly) in the Company
’
s securities on short-term considerations and be mindful of the law on insider
trading as prescribed by the SFA
.
The internal code on dealings in securities also makes clear that the
Company
,
its Directors and officers should not deal in the Company
’
s securities and securities of other
listed companies
,
while in possession of unpublished price-sensitive information and prohibits trading as
well as in the following periods
:
(i) the period commencing two weeks before the announcement of the Company
’
s financial statements for
the first
,
second and third quarters of its financial year
;
and
(ii) the period commencing one month before the announcement of the Company
’
s financial statements for
its full financial year
.
Each of the above periods will end on the date of the announcement of the relevant financial results of the
Company
.
(F) INTERESTED PERSON TRANSACTIONS (
“
IPT
”
)
The Company has established procedures to ensure that all transactions with interested persons are reported
on a timely manner to the AC and that the transactions are carried out on normal commercial terms and
are not prejudicial to the interests of the Company and its minority shareholders
.
Other than the Restructuring Exercise and interested person transactions as disclosed on pages 82 to 84
,
235 to 236 and 239 to 240 of the Offer Document
,
there were additional interested person transactions of
S$100
,
000 and above during the financial period under review
.
Details of the additional interested person
transactions of S$100
,
000 and above are as follows
:
Name of Interested Persons
and Transactions
Aggregate value of all interested
person transactions during the
period under review (excluding
transactions less than S$100
,
000
and transactions conducted
under shareholders
’
mandate
pursuant to Rule 920)
Aggregate value of
all interested person
transactions conducted
under shareholders
’
mandate pursuant to Rule
920 (excluding transactions
less than S$100
,
000)
Full year ended
30 September 2015
S$
’
000
Full year ended
30 September 2015
S$
’
000
Payments received by our Group
PJS Companies*
– Property leases or sub-leases
–
710
– Facilities management services
–
16
LHN Culinary Group and its
subsidiaries**
– Facilities management services
–
93
–
819
