ENRICHING LIVES EXPANDING HORIZONS - Maxis

MAXIS BERHAD
ANNUAL REPORT 2011
247
(6) TAK is deemed to have an interest in the Shares by virtue of:
a. his deemed interest in PanOcean. See Note (5) above for PanOcean’s deemed interest in the Shares;
b. his controlling interest in Eridanes International N.V. (“EINV”), the immediate holding company of East Asia Telecommunications Ltd (“EAT”), Global Multimedia
Technologies (BVI) Ltd (“GMT”) and Worldwide Communications Technologies Ltd (“WCT”) which in turn collectively own Maxis Holdings Sdn Bhd (“MHSB”).
EINV has a 53.50% equity interest in Shield Estate N.V. (“SENV”) via MHSB;
c. his controlling interest in MAI Holdings Sdn Bhd (“MAIH”), the immediate holding company of Pacific Fortune Sdn Bhd which in turn has a direct equity
interest of 100% in each of Ria Utama Sdn Bhd (“RUSB”) and Tetap Emas Sdn Bhd (“TESB”) respectively. MAIH has a 34.27% equity interest in SENV via RUSB
and TESB; and
d. his controlling interest in MAI Sdn Berhad (“MAI”), the immediate holding company of Terang Equity Sdn Bhd, which in turn has a direct equity interest of
100% in Wangi Terang Sdn Bhd (“WTSB”). MAI has a 12.23% equity interest in SENV via WTSB, and SENV has an 8% equity interest in BGSM which in turn
wholly-owns MCB. MCB owns 70% direct equity interest in the Company.
(7) Harapan Nusantara is deemed to have an interest in all of the Shares in which Mujur Anggun Sdn Bhd, Cabaran Mujur Sdn Bhd, Anak Samudra Sdn Bhd, Dumai
Maju Sdn Bhd, Nusantara Makmur Sdn Bhd, Usaha Kenanga Sdn Bhd and Tegas Sari Sdn Bhd (collectively, “Harapan Nusantara Subsidiaries”) have an interest, by
virtue of Harapan Nusantara being entitled to control the exercise of 100% of the votes attached to the voting shares in each of the Harapan Nusantara Subsidiaries.
The Harapan Nusantara Subsidiaries hold in aggregate 30% direct equity interest in BGSM and therefore, via such aggregate interest, Harapan Nusantara has a
deemed interest over all the Shares held by MCB. See Note (1) above for BGSM’s interest in the Shares.
The Shares held via the Harapan Nusantara Subsidiaries are held under discretionary trusts for Bumiputera objects. As such, Harapan Nusantara does not have any
economic interest in the Shares via the Harapan Nusantara Subsidiaries, as such interest is held subject to the terms of the discretionary trusts for Bumiputera objects.
(8) Deemed to have an interest in the Shares in which Harapan Nusantara has an interest, by virtue of his 25% direct equity interest in Harapan Nusantara. However, he
does not have any economic interest in the Shares held via the Harapan Nusantara Subsidiaries as such interest is held subject to the terms of the discretionary trusts
for Bumiputera objects. See Note (7) above for the Harapan Nusantara’s interest in the Shares.
(9) STCM is deemed to have an interest in the Shares by virtue of its direct 25% equity interest in BGSM. See Note (1) above for BGSM’s interest in the Shares.
(10) STCAT is deemed to have an interest in all of the Shares in which STCM has an interest, by virtue of its direct 100% equity interest in STCM. See Note (9) above for
STCM’s interest in the Shares.
(11) Saudi Telecom is deemed to have an interest in all of the Shares in which STCAT has an interest, by virtue of its direct 100% equity interest in STCAT. See Note (10)
above for STCAT’s interest in the Shares.
(12) PIF is deemed to have an interest in all of the Shares in which Saudi Telecom has an interest, by virtue of its direct 70% equity interest in Saudi Telecom. See Note
(11) above for Saudi Telecom’s interest in the Shares.
(13) The EPF is deemed to have an interest in 11,047,000 Shares held through nominees.