HSBC (Finance) Netherlands ("HSBC Netherlands") is deemed to have an interest in HSBC International Trustee Limited's ("HKIT") interest in Goldis Berhad for the following reasons:-
1. HKIT holds the shares of Goldis Berhad in its capacity as Trustee of trusts
2. HSBC International Trustee (Holdings) Pte. Ltd. ("HSIT") owns the entire issued capital of HKIT.
3. The Hongkong and Shanghai Banking Corporation Limited ("HBAP") owns the entire issued capital of HSIT.
4. HSBC Asia Holdings B.V. ("HABV") owns the entire issued capital of HBAP.
5. HSBC Asia Holdings (UK) Limited ("HAUK") owns the entire issued capital of HABV.
6. HSBC Holdings B.V. ("HHBV") is the majority shareholder of the issued capital of HAUK.
7. HSBC Finance (Netherlands) owns the entire issued capital of HHBV.