Perennial Real Estate Holdings Limited - Annual Report 2017

DIRECTORS’ INTERESTS IN SHARES OR DEBENTURES (cont’d) Holdings registered in the name of directors Holdings in which directors are deemed to have an interest Name of director At beginning of the year At end of the year At beginning of the year At end of the year Subsidiary Perennial Treasury Pte. Ltd. $125 million 3-year 4.90% Fixed Rate Notes due 2019 Kuok Khoon Hong (8) – – 1,250,000 1,250,000 $100 million 3-year 3.85% Fixed Rate Notes due 2020 Kuok Khoon Hong (9) – – – 29,250,000 Notes: (1) Mr Kuok Khoon Hong’s deemed interest in the Shares arises from his shareholdings in HPRY Holdings Limited (“ HPRY ”), Hong Lee Holdings (Pte) Ltd, Longhlin Asia Limited, Shun Yi Holdings Limited, Pearson Investments Limited and Kuok Hock Swee & Sons Sdn. Bhd., through Madam Yong Lee Lee (spouse of Mr Kuok Khoon Hong) and Langton Enterprise Ltd, a company wholly-owned by Madam Yong Lee Lee. (2) Mr Kuok Khoon Hong’s deemed interest in the Shares arises from his shareholdings in HPRY, Hong Lee Holdings (Pte) Ltd, Longhlin Asia Limited, Kuok Hock Swee & Sons Sdn. Bhd. and Pearson Investments Limited, through Madam Yong Lee Lee (spouse of Mr Kuok Khoon Hong) and Langton Enterprise Ltd, a company wholly-owned by Madam Yong Lee Lee. (3) Mr Ron Sim’s direct interest includes the Shares held through bank nominees. Mr Ron Sim is deemed interested in the Shares held by Madam Teo Sway Heong (spouse of Mr Ron Sim). (4) Mr Lee Suan Hiang’s deemed interest in the Shares arises from the Shares held through bank nominees. (5) Mr Pua Seck Guan’s deemed interest in the Shares arises from his shareholdings in PSG Holdings Pte. Ltd. and Shares held in the name of bank nominees. (6) The deemed interest of Mr Kuok Khoon Hong in the Company’s 3-year 4.65% Retail Bonds due 2018 arises from his shareholdings in HPRY. (7) The deemed interest of Mr Kuok Khoon Hong in the Company’s 4-year 4.55% Retail Bonds due 2020 arises from the bonds held through a bank nominee and from his shareholdings in HPRY. (8) The deemed interest of Mr Kuok Khoon Hong in the subsidiary’s 3-year 4.90% Fixed Rate Notes due 2019 arises from his shareholdings in HPRY. (9) The deemed interest of Mr Kuok Khoon Hong in the subsidiary’s 3-year 3.85% Fixed Rate Notes due 2020 arises from his shareholdings in HPRY. Holdings registered in the name of directors Name of director At beginning of the year At end of the year Perennial Employee Share Option Scheme 2014 Grant of options to subscribe for ordinary shares exercisable from 16 May 2016 to 15 May 2020 at $1.07 per share Eugene Paul Lai Chin Look 500,000 500,000 Lee Suan Hiang 500,000 500,000 Chua Phuay Hee 500,000 500,000 Grant of options to subscribe for ordinary shares exercisable from 9 October 2016 to 8 October 2020 at $0.95 per share Pua Seck Guan 5,100,000 5,100,000 Grant of options to subscribe for ordinary shares exercisable from 13 May 2018 to 12 May 2022 at $0.88 per share Eugene Paul Lai Chin Look – 1,000,000 Ooi Eng Peng – 1,000,000 Lee Suan Hiang – 1,000,000 Chua Phuay Hee – 1,000,000 Pua Seck Guan – 5,100,000 INTEGRATED STRATEGY, ENHANCED VALUE 153 Annual Report 2017