NEVER A DULL MOMENT - Maxis
NEVER A DULL MOMENT - Maxis
NEVER A DULL MOMENT - Maxis
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MAXIS BERHAD ANNUAL REPORT 2009 | 187<br />
ADDITIONAL DISCLOSURES (CONTINUED)<br />
Consideration passing to or from the<br />
Company or any other corporation in the<br />
group<br />
Mode of satisfaction of<br />
consideration<br />
Relationship between director or<br />
major shareholder and contracting<br />
party (if director or major shareholder<br />
is not contracting party)<br />
The consideration passing from the Company is<br />
the fulfilment of certain obligations undertaken by<br />
the Company under the agreement.<br />
The proceeds from the sale goes to MCB and not<br />
the Company.<br />
Fulfilment of obligations.<br />
MCB is a major shareholder of the<br />
Company<br />
Please see Note 1 below for further<br />
details on the relationship<br />
The consideration of each party for the agreement<br />
is the exchange of promises and a cash payment<br />
of RM10 payable by the Company.<br />
On the part of the Company, the consideration<br />
given is the exchange of promises. The<br />
underwriting commission is not payable by the<br />
Company, but by MCB.<br />
Fulfilment of promises and cash of RM10.<br />
Fulfilment of promises.<br />
MCB is a major shareholder of the<br />
Company<br />
Please see Note 1 below for further<br />
details on the relationship<br />
MCB is a major shareholder of the<br />
Company<br />
Please see Note 1 below for further<br />
details on the relationship<br />
Consideration passing from MCB to MMS<br />
Cash<br />
MMS is a wholly-owned subsidiary of the<br />
Company and MCB is a major<br />
shareholder of the Company<br />
Please see to Note 1 below for further<br />
details on the relationship<br />
Consideration passing from the Company to MCB.<br />
Consideration satisfied via an issue of<br />
7,499,999,998 new ordinary shares of<br />
RM0.10 each in the Company and cash<br />
of RM3,465.6 million.<br />
MCB is a major shareholder of the<br />
Company<br />
Please see Note 1 below for further<br />
details on the relationship