Casi Management Sdn Bhd ("CMSB") has converted 10,000,000 Multi-Purpose Holdings Berhad ("MPHB") Warrants 2004/2009 into 10,000,000 ordinary shares of RM1.00 each in MPHB.
MWE Holdings Berhad ("MWE") has converted 10,000,000 MPHB Warrants 2004/2009 into 10,000,000 ordinary shares of RM1.00 each in MPHB. Pinjaya Sdn Bhd is a substantial shareholder (more than 15%) of MWE and is deemed interested in the said shares by virtue of Section 6A(4)of the Companies Act, 1965.
Arising from the above conversion and by virtue of Section 6A(4)of the Companies Act, 1965, Dato' Surin Upatkoon is deemed to have indirect interest in the said MPHB shares held by CMSB and MWE via Pinjaya Sdb Bhd respectively.