Consideration shares received pursuant to the acquisition by Ranhill Holdings Berhad of the power and water asset companies from Ranhill Group Sdn Bhd (RGSB) and Ranhill Utilities Sdn Bhd (RUSB) respectively (Ranhill Acquisition). RGSB and RUSB nominated Hamdan Inc (Labuan) Pte Ltd ("Hamdan Inc"), Ranhill Corporation Sdn Bhd ("RCorp") and Lambang Optima Sdn Bhd ("LOSB"), being their ultimate shareholders (by virtue of being shareholders of their ultimate holding company, Ranhill Energy and Resources Sdn Bhd) as the direct recipients of such consideration shares under the Ranhill Acquisition.
RCorp and LOSB are subsidiaries of Hamdan Inc which in turn is wholly-owned by Hamdan (L) Foundation.