BH, SI & STAR are subsidiaries of STC. STC completed a selective capital reduction (SCR) on 24.4.06 and reduced its issued capital by 30,503,000 shares resulting in increase in shareholding of Great Eastern Life Assurance (Malaysia) Bhd (GELM) in STC from 14.76% to 16.15%. Consequently, GELM, its penultimate holding company, The Great Eastern Life Assurance Co Ltd and its ultimate holding company Great Eastern Holdings Limited each is deemed to have an interest in the shareholding of STC's subsidiaries, BH, SI and STAR in MSC.