Related Party Transaction
Filed with CSE · · 2 pages · English
Summary by 6ix AI
Panasian Power Ltd. has disclosed related party transactions that exceed a certain threshold of total assets, as required by the Listing Rules. The transactions involve intercompany loans to Manelawala Hydropower (Pvt) Ltd, a wholly owned subsidiary of Panasian Power. The total value of these related party transactions is reported to be significant, and the company believes they are on normal commercial terms. This disclosure is made to ensure compliance with regulatory requirements regarding related party transactions.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Panasian Power
- Extension of time line Annual Report for the year ended 31st March 2020
- Rating review
- Private placement of ordinary voting shares (notification on the listing of shares)
- Disclosure by ndb securities (private) limited re: purchase of Panasian Power plc shares by their client
- Private placement of shares
Later from Panasian Power
- Disclosure by Asia Securities (Pvt) Ltd. regarding Purchase of Shares in Panasian Power PLC by their client
- Disclosure by NDB Securities (Private) Ltd. regarding Purchase of Shares in Panasian Power PLC by their client
- Offer document - mandatory offer
- Mandatory offer by r i l property plc to purchase all the remaining issued and paid-up ordinary voting shares of Panasian Power plc
- Change in company secretary
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