Entire Section

  • Financial assistance to or from commonly held entities (14A.26-14A.27)

    • 14A.26

      Financial assistance provided by a listed issuer's group to, or received by a listed issuer's group from, a commonly held entity is a connected transaction.

    • 14A.27

      A "commonly held entity" is a company whose shareholders include:

      (1) a member of the listed issuer's group; and
      (2) any connected person(s) at the issuer level who, individually or together, can exercise or control the exercise of 10% or more of the voting power at the company's general meeting. This 10% excludes any indirect interest held by the person(s) through the listed issuer.

      Diagram 17