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Based on the above answers, Aflac Berhad has interest in Prada Berhad. Assuming that Mr Dee, the director of Aflac Berhad is also a director
Based on the above answers, Aflac Berhad has interest in Prada Berhad. Assuming that Mr Dee, the director of Aflac Berhad is also a director of the other entity, Candy Berhad. This director was then leases a premise of Candy Berhad to his family members at a discount of 20% off the market rate.
Based on the statement above, discuss the existence of any relationships and transactions between the entities in accordance with MFRS124 Related party disclosures. (5 marks)
Provide the answer in 2 paragraphs with a point each. URGENT
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