PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED AND SUBSIDIARIES FOR THE YEAR ENDED DECEMBER 31, 2021 NOTES TO THE FINANCIAL STATEMENTS - 70 - 27. TRANSACTIONS WITH RELATED PARTIES A related party is as follows: - An individual or an entity which has the ability, directly or indirectly, to control or joint control or exercise significant influence over the Group in making financial and operating decisions or; - An individual or an entity which is subject to common control or common significant influence with the Group or; - The Group has the ability, directly or indirectly, to control or joint control or exercise significant influence over an individual or an entity in making financial and operating decisions. Relationships with significant related parties were as follows: Name of entities Country of incorporation/ nationality Nature of relationships PTT Plc. Thailand Parent, common director and management and the Company’s director as management Global Green Chemicals Plc. Thailand Subsidiary, 72.29% shareholding, common director and the Company’s management as director GC Glycol Co., Ltd. Thailand Subsidiary, 100% shareholding and the Company’s management as director GC Polyols Co., Ltd. Thailand Subsidiary, 82.10% shareholding and the Company’s management as director GC Maintenance and Engineering Co., Ltd. Thailand Subsidiary, 100% shareholding and the Company’s management as director GC Marketing Solutions Co., Ltd. Thailand Subsidiary, 100% shareholding by the Group, and the Company’s management as director GC Logistics Solutions Co., Ltd. Thailand Subsidiary, 100% shareholding by the Group GC Ventures Co., Ltd. Thailand Subsidiary, 100% shareholding GC Treasury Center Co., Ltd. Thailand Subsidiary, 100% shareholding and the Company’s management as director GC Styrenics Co., Ltd. Thailand Subsidiary, 100% shareholding GC Estate Co., Ltd. Thailand Subsidiary, 100% shareholding and the Company’s management as director GC Oxirane Co., Ltd. Thailand Subsidiary, 100% shareholding and the Company’s management as director Solution Creation Co., Ltd. Thailand Subsidiary, 100% shareholding and the Company’s management as director Thai Tank Terminal Limited Thailand Subsidiary, 51% shareholding and the Company’s management as director PTT Phenol Co., Ltd. Thailand Subsidiary, 100% shareholding and the Company’s management as director 302 PTT GLOBAL CHEMICAL PUBLIC COMPANY LIMITED Form 56-1 One Report 2021
RkJQdWJsaXNoZXIy ODg4NTI=