62 CSE GLOBAL LIMITED Interested Person Transactions The Company has in place procedures to ensure that all transactions with interested persons are reported in a timely manner to the ARC for its review. There was no shareholder mandate obtained for interested person transaction for the financial year under review. There was also no interested person transactions for the financial year under review. Material Contracts Pursuant to the requirements as stipulated under Rule 1207(8) of the Listing Rules, except for the interested person transactions disclosed under item 17, there were no material contracts of the Company or its subsidiary companies involving the interests of any Directors of the Company, the Managing Director of the Company or any controlling shareholders of the Company or their associates, either still subsisting at the end of the financial year or if not then subsisting, entered into since the end of the previous financial year. Update on the use of the Proceeds from Rights Issue On 9 February 2023, the Company announced via SGXNet that the net proceeds from the Rights Issue had been fully utilised. For more details, please refer to the SGXNet announcement dated 9 February 2023. Update on the use of the Proceeds from Placement of 60 million new shares As at the date of this report, the Company has not utilised the net proceeds from the recent placement of 60 million new shares that was completed on 25 March 2024. REPORT ON CORPORATE GOVERNANCE
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