BH, SI and 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 and its holding company Great Eastern Life Assurance Co Ltd is deemed to have an interest in the shareholding of STC's subsidiaries, BH, SI & STAR in MSC.