Alec Limited (Ltd) owns 70% of the shareholdings of Byron Trading and 60% of the shareholdings of Carson Trading. Alec Ltd set up a joint venture company, Dylan Trading, together with Ellen Private Limited (Pte Ltd). Alec Ltd and Ellen Pte Ltd each hold 50% shareholdings in Dylan Trading. Alec Ltd owns 40% of the shareholdings in Hansel Trading and 30% of the shareholdings in Iota Enterprises. Byron Trading owns 30% of the shareholdings of Jonah Trading. Carson Trading holds 55% of the shareholdings of Kylie Ltd and 40% of the shareholdings of Landon Ltd. Other details related to Alec Ltd: 45% of Alec Ltds shares are held by Mr Ang, while the other 55% of shares are held by other individual shareholders, each holding less than 1% of the shares. Mr Ang also owns 75% of the shareholdings of Falcon Trading. Mr Ang also owns 20% of the shareholdings of Gretel Pte Ltd. Ashton is an executive director of Alec Ltd. Ashtons wife (Alanna) owns 60% of the shareholdings of Morries Pte Ltd. Ashton owns 30% of the shareholdings of Nora Pte Ltd. Octave Services provides key management personnel services to Alec Ltd. Other details related to Carson Trading: Constance is the CEO of Carson Trading. Constance also serves as a non-executive board member of Philbius Ltd. Constance owns 80% of the shareholdings of Queenie Pte Ltd. Constances son (Conner) owns 40% of the shareholdings of Randolph Pte Ltd. 70% of Carson Tradings inventory is supplied by Youda Trading, a supplier from China. Other details related to Hansel Trading: The remaining shares (60%) of Hansel Trading are owned by an individual, Helen.

Helen also owns 100% of the shareholdings of Summer Pte Ltd. Helen also owns 30% of the shareholdings of Tori Trading. Helen is a non-executive director of Unicorn Ltd. Unicorn Limited owns 100% of the shareholdings of Violet Pte Ltd. Other details related to Kylie Ltd: Kerry is an executive director of Kylie Ltd. Kerry holds 60% of the shareholdings of Wanda Trading. Kerry also owns 25% of the shareholdings of Xeno Trading. Other details related to Landon Ltd: Lance is the CFO of Landon Ltd. For the purposes of Question 1, assume that more-than-50% shareholding will give rise to control, and a 20%-to-50% shareholding will give rise to significant influence.

To know the related parties of Alec Limited and why are they related parties according to Singapore Financial Reporting Standards (International) (SFRS(I)) 1- 24, Related Party Disclosures.

To know the related parties of Carson Trading and why are they related parties according to Singapore Financial Reporting Standards (International) (SFRS(I)) 1- 24, Related Party Disclosures.

To know the related parties of Hansel Trading and why are they related parties according to Singapore Financial Reporting Standards (International) (SFRS(I)) 1- 24, Related Party Disclosures.