On 1 October 2023, JojoBhd with 2 other parties, Kenari Bhd and Tiong...
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On October JojoBhd with other parties, Kenari Bhd and Tiong Bhd structured a joint arrangement in an incorporated entity, Koko Bhd with rights to the net assets of the arrangement. JojoBhd has of the voting rights in the joint arrangement while Kenari Bhd and Tiong Bhd have and of the voting rights respectively. The contractual arrangement between these three parties specifies that at least of the voting rights are required to make decisions about the relevant activities of the arrangement. Required: Explain awhether all the three parties in the joint arrangement would havejoint control over Koko Bhd marks bthe two types of joint arrangement in accordance with MFRS: Joint Arrangement. marks
On October JojoBhd with other parties, Kenari Bhd and Tiong Bhd structured a joint arrangement in an incorporated entity, Koko Bhd with rights to the net assets of the arrangement. JojoBhd has of the voting rights in the joint arrangement while Kenari Bhd and Tiong Bhd have and of the voting rights respectively. The contractual arrangement between these three parties specifies that at least of the voting rights are required to make decisions about the relevant activities of the arrangement. Required:
Explain
awhether all the three parties in the joint arrangement would havejoint control over Koko Bhd marks
bthe two types of joint arrangement in accordance with MFRS: Joint Arrangement. marks
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