HAHO is deemed to have an interest in IGB Berhad for the following reasons:
1) HSBC International Trustee Limited (HKIT) holds the shares of IGB 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) HAHO owns the entire issued capital of HBAP.