Ordinary Shares of RM0.10 each in Astro Malaysia Holdings Berhad ("AMH Shares")
Reason
Increase in the number of AMH Shares over which the deemed interest is held following the completion of distribution of AMH Shares, firstly from ANM to Astro Holdings Sdn Bhd (“AHSB”), and subsequently from AHSB to the AHSB shareholders via dividend-in-specie and the redemption of redeemable preference shares of AHSB (“Distribution”).
Excorp’s deemed interest in the 1,249,075,472 AMH Shares representing approximately 24.01% equity interest in AMH as at 31 December 2014 arises by virtue of Pacific States Investment Limited’s (“PSIL”) deemed interest in the AMH Shares. Excorp holds 100% equity interest in PSIL which in turn holds 99.999% equity interest in Usaha Tegas Sdn Bhd (“UTSB”).
UTSB holds 100% equity interest in UTES, while UTES in turn holds 100% equity interest in AAME. UTES and AAME collectively hold directly 1,249,075,472 AMH Shares representing approximately 24.01% equity interest in AMH as at 31 December 2014 following the Distribution.