Company P holds 70% controlling interest in the shares of Company Ss shares. The remaining 30% of Company Ss shares is held by Mr. Burton Wong, who has significant influence over Company S. Mr Wong also holds a 90% controlling interest in the shares of Company B.

Company P also holds 65% controlling interest in the shares of Company T. In addition, Company P has joint control (50%) over Company J, which is a joint venture company. Company S holds 100% of the shares of Company UV. Company T holds 30% of the shares of Company WX and has significant influence over Company WX.

Required:

(a) Based on the definition of related parties in SFRS(I) 1-24, Related Party Disclosures, identify the persons and entities who are related parties of Company S from the list of persons/entities provided in Parts (b)(1) to (b)(18) below.

(b) Identify the specific paragraph in SFRS(I) 1-24 that describes the relationship between each of the persons/entities listed below and Company S.

(1) Company P (parent company).

(2) Company T (fellow subsidiary; Both Co. S and Co. T share the same parent company).

(3) Company WX (associate company of Company T, a fellow subsidiary).

(4) Company J (a joint venture company over which Company P has joint control).

(5) Company UV (subsidiary).

(6) Mr Burton Wong (investor with significant influence over Company S).

(7) The son of Mr Burton Wong.

(8) Company B, the company that Mr Burton Wong has control over (90% interest).

(9) Managing Director of Company T (fellow subsidiary).

(10) Chief Executive Officer (CEO) of Company P (parent company).

(11) The husband of the CEO of Company P.

(12) The daughter of the CEO of Company P.

(13) Chief Financial Officer (CFO) of Company UV (subsidiary).

(14) The husband of the CFO of Company UV.

(15) Chief Information Officer (CIO) of Company S.

(16) The wife of the CIO of Company S.

(17) Company W, a company that the wife of the CIO of Company S has control over.

(18) Company C, a company that the CIO of Company S has significant influence over.