Page 104 - MONO_AR_2016_EN
P. 104

Related Party Transactions
Summary of related party transactions between Mono Group and persons that may have con icts of interest throughout 2016 :
Related party transactions between Mono Group, and individual and juristic persons can be summarized as follows:
Mr. Pete Bodharamik is the major shareholder of both the Company
Connected Company
Relationship
1. Jasmine International Group •
(“JAS”) (71.06 percent) and JAS (60.18 percent).
• Triple T Broadband Public • Company Limited (“TTTBB”)
TTTBB operates high-speed ADSL network in order to provide broadband internet service.
• Triple T Internet Company •
TTTI offers internet service solution.
Limited (“TTTI”)
• Mr. Pete Bodharamik is the director of both TTTI and the Company and he is also the authorized director of both TTTI and the Company.
• TTTBB is the major shareholder of TTTI (99.99 percent). ACU is the major shareholder of TTTBB (99.20 percent) and is the subsidiary of JAS, holding share of 100.00 percent.
• JasTel Network Company • Limited (“JASTEL”)
JASTEL offers circuit leasing service and local and international data communication services.
• Premium Asset Company • Limited (“PA”)
PA operates of ce rental business and offers related service. Of ce space under its management is Jasmine International Tower.
• Mr. Pete Bodharamik is the director of both TTTBB and the Company and he is also the authorized director of both TTTBB and the Company.
• ACU is the major shareholder of TTTBB (99.20 percent) and the subsidiary of JAS, holding share of 100.00 percent.
• Mr. Pete Bodharamik is the director of both JASTEL and the Company and he is also the authorized director of both JASTEL and the Company.
• Jasmine Submarine Telecommunications (JSTC) is the major shareholder of JASTEL (100.00 percent). JSTC is the subsidiary of JAS, holding share of 100.00 percent.
• Mr. Pete Bodharamik is the director of both PA and the Company and he is also the authorized director of both PA and the Company.
• ACU and JSTC is the  rst and second largest shareholder of PA, with shareholding of 53.85 and 46.15 percent respectively. ACU and JSTC are the subsidiaries of JAS, holding share of 100.00 percent.
104


































































































   102   103   104   105   106