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 17,756,485 shares in UMB.
2. HKIT owns the entire issued capital of HSBC Trustee.