HSBC International Trustee Limited [HKIT] is deemed to have an interest in HSBC Trustee (Singapore) Limited's [HSBC Trustee] interest in United Malacca Berhad [UMB] for the following reasons:-
1. HSBC Trustee is the trustee of trusts that holds 17,768,485 shares in UMB.
2. HKIT owns the entire issued capital of HSBC Trustee.
The change is because HKIT has ceased to be the trustee of the trust on 30 November 2016.