Question 2 On January S, 2017, Parrotfish Limited was acquired by a private company called Universe Company. During the three-month period between January and March 2017, there were more acquisitions of equity interests in other companies by Parrotfish Limited. In addition, were changes in the equity interests of Shrimpfish Limited and Angelfish Limited held by Parrotfish Limited. In April 2017, there was a group restructuring in Parrotfish C imited. In April 2017, there was a group restructuring in Parrotfish Group Below shows the group structure of Parrotfish Group: Universe Company 1()0% 90% 30% Sunflower Limited Parrotfish Aster Limited Limited 60% Angelfish Limited Shrimpfish Limited Firefish Limited 20% 70% Strawberry Limited Silver Limited All companies in the group are incorporated and operate their business in Hong Kong. The shareholdings shown are indicative of the voting rights. Below is the information about the chairperson, chief executive officer (CEO) and company secretary of each company: Chairperson Mr Sun Mr Parrot s Shrimp Mr Blueber Angelfish LimitedMs Angel CEO Ms Moon Mr Peacock Mr Prawrn Ms Blackberr Ms Demon Ms Coneflower Mr Apricot Ms Flounder Ms Pearl Company Seeretary Mr Star Ms Pigeon Mr Lobster Universe Company Parrotfish Limited Shrimpfish Limited Strawberry Limited Ms Raspl er Mr Bishop Ms Mayflower Ms Avocado Ms Flathead Mr Bellflower Sunflower Limited Aster Limited Firefish Limited Silver Limited Ms Apple Mr Flagfin Ms Gold During June 2017, there are business transactions between Parrotfish Limited and different parties in the Group: . There were sales of computers from Ms Shrimp to Parrotfish Limited for $400,000 Parrotfish Limited sold furniture to Ms Raspberry. The selling price of the furniture was $300,000 Parrotfish Limited bought equipment from Universe Company for $800,000 Aster Limited sold a motor car to Angelfish Limited at the selling price of $450,000