ENRICHING LIVES EXPANDING HORIZONS - Maxis

MAXIS BERHAD
ANNUAL REPORT 2011
275
The HTSB Subsidiaries hold in aggregate 12.58% direct equity interest in AHSB and therefore, via such aggregate interest, HTSB has a deemed interest over all the shares
held by the HTSB Subsidiaries in AHSB. The AHSB Shares held via the HTSB Subsidiaries are held under discretionary trusts for Bumiputera objects. As such, they do not
have any economic interest in those shares held by the HTSB Subsidiaries as such interest is held subject to the terms of such discretionary trusts. Further, as THO, Dato’
Badri and MSM do not exercise or control the exercise of at least 15% of the votes attached to the voting shares in AHSB, they are not deemed to have an interest in
the shares of ANM, AMH, DFSB, MBNS, AMP, AESB, Maestro and KASB.
Dato’ Badri who is a director of AHSB, ANM and AMH, is also a director of MBNS, KASB and several other subsidiaries of AHSB.
MSM has a direct equity interest over 11,000 Shares representing 0.0001% of the issued and paid-up share capital in Maxis. Please refer to Note 4 for MSM’s interests
in the UTSB Group.
Dato’ Mohamed Khadar bin Merican (Dato’ Khadar), a director of AMH is a person connected to MSM.
(2)
TANJONG GROUP
* Note: PMP ceased to be a subsidiary of Tanjong with effect from 9 August 2011.
TCCPM and TGV are wholly-owned subsidiaries of Tanjong whilst PMP was a wholly-owned subsidiary of Tanjong. Tanjong in turn is a wholly-owned subsidiary of
Tanjong Capital Sdn Bhd (TCSB).
UTSB holds 71,000,000 ordinary shares of RM1.00 each in TCSB (TCSB Shares) representing 37.49% of the issued and paid-up share capital of TCSB and has an indirect
equity interest over 53,688,000 TCSB Shares representing 28.35% of the issued and paid-up share capital of TCSB held via its wholly-owned subsidiary, Usaha Tegas
Resources Sdn Bhd (UTRSB). PSIL, Excorp and PanOcean each has a deemed equity interest over 124,688,000 TCSB Shares representing 65.84% of the issued and
paid-up share capital in TCSB through UTSB.
TAK has a deemed equity interest over 124,863,000 TCSB Shares representing 65.93% of the issued and paid-up share capital of TCSB through UTSB and Wangi Terang
Sdn Bhd. Wangi Terang Sdn Bhd holds 175,000 TCSB shares representing 0.09% of the issued and paid-up share capital of TCSB.
Although TAK and PanOcean have deemed interest in the 124,688,000 TCSB Shares held through UTSB, they do not have any economic or beneficial interest over such
shares, as such interest is held subject to the terms of a discretionary trust.
TCCPM and TGV are person connected to UTSB, UTRSB, PSIL, Excorp, PanOcean and TAK by virtue of their interest in TCSB as set out above. Please refer to Note 1
above for interests of UTSB, PSIL, Excorp, PanOcean and TAK in Maxis.
CCB who is a Director, is also an executive director of UTSB and a director of TCSB, MMSSB, MBSB, MMSB and certain subsidiaries of Maxis and Tanjong. ARM is an
executive director of Tanjong and a director of PMP and was previously a director of TCSB (resigned with effect from 8 April 2011). ARM and CCB do not have any
equity interest in UTSB, UTRSB, TCSB, Tanjong, TCCPM, TGV and PMP. Please refer to Note 1 above for ARM’s interests in Maxis. CCB has a direct equity interest over
750,000 Shares representing 0.01% of the share capital of Maxis.
Asgari who is a Director with a direct equity interest over 750,000 Shares representing 0.01% of the issued and paid-up share capital in Maxis, has a deemed equity
interest over 6,406,000 TCSB shares representing 3.38% of the issued and paid-up share capital of TCSB.
MSM also has a deemed equity interest over 8,596,000 TCSB shares representing 4.54% of the issued and paid-up share capital of TCSB. Please refer to Note 1 above
for details of MSM’s interests in Maxis.
(3)
MGB GROUP
TAK is also a major shareholder of MGB with a deemed equity interest over 389,933,155 ordinary shares of RM0.78 each representing 100% of the issued and paidup
ordinary share capital in MGB held via MEASAT Global Network Systems Sdn Bhd (MGNS), a wholly-owned subsidiary of MAI Holdings Sdn Bhd in which he has a
99.999% direct equity interest. MSS and MNL are wholly-owned subsidiaries of MGB. Hence, TAK also has deemed equity interest over MSS and MNL. Please refer to
Note 1 above for details of TAK’s interests in Maxis.
THO is also a director of MSS. Please refer to Note 1 above for details of THO’s interests in Maxis. THO does not have any equity interest in the shares of MGB or MSS or MNL.
ARM and CCB are directors of MGB whilst ARM is also a director of MNL and CCB is also a director of MSS. ARM and CCB do not have any equity interest in the shares
of MGB, MSS or MNL. Please refer to Notes 1 and 2 above for ARM’s and CCB’s interests in Maxis respectively.