38
LHN Limited Annual Report
Report on
Corporate Governance
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 paid by our Group
PJS Companies*
– Purchase of food and beverage
products and services
–
6
LHN Culinary Group and its
subsidiaries**
– Purchase of food and beverage
products and services
–
69
–
75
Total
–
894
* PJS Companies comprises Café @ Phoenix Pte
.
Ltd
.
and DJ Culinary Concepts Pte
.
Ltd
.
as disclosed on page 241 of the Offer Document
dated 1 April 2015
.
** LHN Culinary Group and its subsidiaries comprises LHN Culinary Concepts Pte
.
Ltd
.
and its subsidiaries
,
namely
,
Alkaff Mansion
Ristorante Pte
.
Ltd
.,
Parco Caffe Holdings Pte
.
Ltd
.
and Australasian Wine Distributors Pte
.
Ltd
.
as disclosed on page 236 of the Offer
Document dated 1 April 2015
.
(G) USE OF PROCEEDS (CATALIST RULE 1204(5F) AND (22))
The utilisation of the Company
’
s IPO net proceeds as at 4 January 2016 is set out below
:
S/N
Purpose of IPO Proceeds
Amount Allocated
S$
’
000
Amount Utilised
S$
’
000
Balance
S$
’
000
1 To grow our property portfolio and
acquire our own properties
5
,
000
4
,
848
152
2 Expansion of our Logistics Services
Business and Facilities Management
Business
3
,
000
–
3
,
000
3 Expansion of our operations in
existing markets and into new
markets
3
,
000
2
,
100
900
4 Development of technological
capability
500
136
364
5 General working capital
2
,
931
1
,
566
1
,
365
6 Listing expenses
2
,
569
2
,
569
–
Total
17
,
000
11
,
219
5
,
781
