Deemed interested by virtue of Section 8 of Companies Act 2016 pursuant to the issue and allotment of 53,776,900 shares at an issue price of RM0.29 per share in HLT Global Berhad ("HLT") to Suntel International Co. Ltd. as payment for purchase consideration in connection with the acquisition of HL Rubber Industries Sdn. Bhd. by HLT.