SCB Prospectus - Announcements - Bursa Malaysia

Company No. 462648-V
9. RELATED PARTY TRANSACTIONS AND CONFLICT OF INTEREST (CONT’D)
9.2 TRANSACTIONS THAT ARE UNUSUAL IN NATURE OR CONDITION
As at the LPD, our Board has confirmed that to their best knowledge and belief, there
are no transactions that are unusual in their nature or conditions, involving goods,
services, tangible or intangible assets, to which our Group is a party since our
incorporation.
9.3 OUTSTANDING LOANS
As at the LPD, our Board has confirmed that our Group has no outstanding non-trade
payables to related parties and there are also no outstanding non-trade receivables
due from related parties to our Group.
9.4 INTERESTS IN A SIMILAR BUSINESS
Our Board is not aware of any similar assets, businesses or interest within the
Willowglen Group owned by our substantial shareholders, Directors and/or key
management and technical personnel of our Group.
9.5 INTERESTS IN OTHER BUSINESS WHICH ARE OUR CUSTOMERS OR
SUPPLIERS
Save as disclosed in Sections 8.1.3 and 9.1 of this Introductory Document, none of
our substantial shareholders, Directors and/or key management and technical
personnel of our Group have any interest, direct or indirect, in any other businesses
or corporations which are our Group’s customers or suppliers.
9.6 PROMOTION OF ANY MATERIAL ASSETS ACQUIRED / TO BE ACQUIRED
None of our Directors and substantial shareholders has any interest, direct or indirect,
in any promotion of, or in, any material asset, within the three (3) most recent
completed financial years and the subsequent financial period thereof immediately
preceding the date of this Introductory Document, acquired or disposed of by, or
leased to us or our subsidiaries, or is proposed to be acquired or disposed of by or
leased to us or our subsidiaries.
9.7 DECLARATION BY ADVISERS
i. Adviser
Save as disclosed below, OSK confirms that, as at the date of this
Introductory Document, there is no other existing or potential conflict of
interest in its capacity as the Adviser for the Transfer.
As at the LPD, OSKVE and OSKCP holds 22,465,000 and 20,054,837
Willowglen Shares, representing approximately 9.07% and 8.10% (excluding
treasury shares of 429,800 Willowglen Shares as at 5 May 2009) of the
equity interest in Willowglen respectively. OSKVE and OSKCP are the
wholly-owned subsidiaries of OSKVI whereas OSK is the wholly-owned
subsidiary of OSKH. Therefore, OSKVE, OSKCP and OSK are related by
virtue of OLH’s substantial shareholdings in OSKVI and OSKH.
OLH is also the spouse of KCM and the brother to WAC, Directors and
substantial shareholders of Willowglen.
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