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2.2 Related Parties
The Proposed Shareholders’ Mandate will apply to Recurrent Related Party Transactions with the
following Related Parties (with their principal activities and relationship with the Company detailed
below):
Name of
Related Parties Principal Activities
Relationship
GAPL
Investment
holding
and
distribution of stout in
Singapore
Major Shareholder of the Company
Diageo Group Worldwide consumer goods
company with businesses
in brewing and marketing of
Guinness Foreign Extra Stout
and other brands of beer,
spirits and wines
Diageo is deemed a Major Shareholder
of the Company by virtue of its indirect
shareholding in GAPL
Heineken
Group
Production and distribution of
beer and stout worldwide
Heineken is deemed a Major Shareholder
of the Company by virtue of its indirect
shareholding in GAPL
The direct and indirect interests of interested Directors and/or Major Shareholders in the Company
as at 10 October 2014 are shown in Section 6 below.
2.3 Nature of Recurrent Related Party Transactions
The Group and the Company are principally engaged in the production, packaging, marketing and
distribution of beverages, primarily alcoholic.
It is envisaged that in the ordinary course of business of the Group, transactions of a revenue or
trading nature between the Group and the Related Parties are likely to occur with some degree of
frequency which are necessary for our day-to-day operations.
All estimated values of the respective Recurrent Related Party Transactions from the date of the
forthcoming AGM to the next AGM are estimated based on the past transactions entered into by
the Group and the Related Parties as well as estimates made based on management’s projected
sales/businesses, orders and agreements. The actual value of these transactions may vary from
the estimated value disclosed below.