NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
MATERIAL RELATED PARTY AND CONNECTED TRANSACTIONS (Continued)
30
(b)
(c)
Other material related party and connected transactions ontrendy
(xiv)
At 31 December 2017, HLD, a substantial shareholder (as defined in the Listing Rules) of the Company is interested in approximately 33.41% (2016: 33.41%) of the total number of issued shares of the Company.
Dr. Lee Shau Kee, being a director of the Company, is deemed to have been interested in the above
transactions (except note 30(b)(xiii)) as a deemed controlling shareholder of HLD.
To the extent the above transactions (except note 30(b)(xiii)) constituted connected transactions (as defined in the Listing Rules), the Group had complied with the relevant requirements under Chapter 14A of the Listing Rules.
Applicability of the Listing Rules relating to connected transaction.
The related party transactions in respect of notes 30(b)(v), (vi), (vii), (viii), (ix), (x), (xi) and (xii) above constitute connected transactions and/or continuing connected transactions (as defined in Chapter 14A of the Listing Rules). The disclosures required by Chapter 14A of the Listing Rules are provided in the paragraph headed "Connected Transactions" in the Report of the Directors as set out in the Company's annual report for the year ended 31 December
2017.
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