Pursuant to the restructuring of Multi-Purpose Holdings Berhad (MPHB), Malaysian Plantations Berhad (MPB) and Kamunting Corporation Berhad (KCB), Quantum Aspects Sdn Bhd (QASB) has acquired 31% of MPHB. QASB is deemed to have indirect interest in Hing Yiap Knitting Industries Berhad by virtue of Section 6A (4) of the Companies Act, 1965 held through MPHB.