Directors’ Statement DIRECTORS’ INTERESTS IN SHARES OR DEBENTURES According to the register kept by the Company for the purposes of Section 164 of the Companies Act, particulars of interests of directors who held office at the end of the financial year (including those held by their spouses and children) in shares, debentures, and share options in the Company and in related corporations (other than wholly-owned subsidiaries) are as follows: 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 Immediate holding company Perennial Group Private Limited Ordinary shares Kuok Khoon Hong(1) – – 607,031,816 607,031,816 Ron Sim(2) – – 256,711,699 256,711,699 Fang Fenglei(3) – – 292,009,385 292,009,385 Pua Seck Guan(4) – – 172,927,594 172,927,594 The Company $33.5 million 2-year 5.60% Fixed Rate Notes due 2024 Kuok Khoon Hong(5) – – 33,500,000 – $33.5 million 2-year 6.50% Fixed Rate Notes due 2026 Kuok Khoon Hong(6) – – – 33,500,000 $44.25 million 2-year 6.50% Fixed Rate Notes due 2024 Kuok Khoon Hong(7) – – 36,750,000 – Ron Sim 5,000,000 – – – Pua Seck Guan 2,500,000 – – – $44.25 million 2-year 6.50% Fixed Rate Notes due 2026 Kuok Khoon Hong(8) – – – 36,750,000 Ron Sim – 5,000,000 – – Pua Seck Guan – 2,500,000 – – 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, Kuok Hock Swee & Sons Sdn Bhd, KHS (Hong Kong) Limited, Jaygar Holdings Limited, KMH Investments Limited and KPW Investments Limited. (2) Mr Ron Sim’s deemed interest in the shares arises from his shareholdings in V3 Assets Pte. Ltd.. (3) Mr Fang Fenglei’s deemed interest in the shares arises from his deemed interest in Beaufort Investment Global Company Limited. (4) Mr Pua Seck Guan’s deemed interest in the shares arises from his shareholdings in PSG Holdings Pte. Ltd.. (5) The deemed interest of Mr Kuok Khoon Hong in the Company’s 2-Year 5.60% Notes due 2024 arises from his shareholdings in HPRY. (6) The deemed interest of Mr Kuok Khoon Hong in the Company’s 2-Year 6.50% Notes due 2026 arises from his shareholdings in HPRY. (7) The deemed interest of Mr Kuok Khoon Hong in the Company’s 2-Year 6.50% Notes due 2024 arises from his shareholdings in HPRY. (8) The deemed interest of Mr Kuok Khoon Hong in the Company’s 2-Year 6.50% Notes due 2026 arises from his shareholdings in HPRY. OVERVIEW PERFORMANCE SUSTAINABILITY FINANCIALS APPENDIX 155 ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NTM2MDQ5