HSBC Private Banking Holdings (Suisse) SA [HSBC Suisse] is deemed to have an interest in HSBC International Trustee Limited's [HKIT] interest in United Malacca Berhad [UMB] for the following reasons:-
1. HSBC Trustee (Singapore) Limited [HSBC Trustee] is the trustee of trusts that holds 17,756,485 shares in UMB.
2. HKIT owns the entire issued capital of HSBC Trustee.
3. HKIT is the trustee of a trust that holds 100,000 shares in UMB.
4. HSBC Private Banking Holdings (Suisse) SA [HSBC Suisse] owns the entire issued capital of HKIT.