Page 89 - Annual Report
P. 89

HONG KONG ACADEMY OF MEDICINE
                    香港醫學專科學院
                    NOTES TO THE FINANCIAL STATEMENTS
                    FOR THE YEAR ENDED 31 DECEMBER 2020




                    21.  RELATED PARTY TRANSACTIONS

                        In  addition  to  the  transactions  and  balances  disclosed  elsewhere  in  there  financial
                        statements, the Group entered into the following material related party transaction:

                        Transactions with key management personnel

                        All members of key management personnel are the council members of the Academy, and no
                        remuneration was paid to them during the years ended 31 December 2020 and 2019.


                    22.  MAJOR NON-CASH TRANSACTION

                        For  the  year  ended  31  December  2020,  the  Academy  received  scrip  dividends  of  HK$Nil
                        (2019: HK$1,058,473) from the Academy’s investments in equity instruments designated at
                        FVTOCI.

















































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                                                                                   香港醫學專科學院  2021 年度報告       87
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