Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 248 DISCLOSURE OF RECURRENT RELATED PARTY TRANSACTIONS (10) Bridge Mobile Major shareholder, MCB holds a 10% equity interest in Bridge Mobile. All Substantial Shareholders as set out in pages 226 to 227 of this Annual Report (except for EPF and ARB) are also major shareholders of Bridge Mobile. Please refer to the notes 1 to 12 as set out in pages 226 to 227 of this Annual Report for the interests of the interested Major Shareholders. SD is also a director of Bridge Mobile and he does not have any equity interest in the shares of Bridge Mobile. Please refer to Notes 6 and 8 above for SD’s interests in Maxis and MCB respectively. (11) STC STC is a Major Shareholder by virtue of its deemed equity interest of 25% in BGSM which in turn wholly-owns MCB. Directors, Dr. Fahad and RK are employees of STC. Dr. Fahad is also a director of MMSSB, MISB and several other subsidiaries of Maxis and the vice president- corporate strategy of STC. Please refer to Note 8 above for interests in Maxis of RK and Dr. Fahad respectively (12) Cell C STC is a Major Shareholder by virtue of its deemed equity interest of 25% in BGSM which in turn wholly-owns MCB. STC through STC Turkey Holding Ltd ("STC Turkey") holds 35% interest in Oger Telecom Limited ("Oger"). Oger holds 75% interest in 3C Telecommunications (Proprietary) Limited ("3C"), which in turn holds 100% interest in Cell C. RK and Dr. Ibrahim are directors of Oger while Dr. Fahad is a director of STC Turkey. RK, Dr. Ibrahim and Dr. Fahad do not have any equity interest in the shares of STC Turkey, Oger, 3C or in Cell C. Please refer to Notes 8 and 11 above for the interests in Maxis and STC of RK, Dr. Ibrahim and Dr. Fahad respectively. (13) AVEA STC is a Major Shareholder by virtue of its deemed equity interest of 25% in BGSM which in turn wholly-owns MCB. STC through STC Turkey holds 35% interest in Oger, which in turn holds 99% interest in Oger Telekomunikasyon A.S. ("OTAS"). OTAS holds 55% interest in Turk Telekomunikasyon A.S. ("Turk Telekom"), which in turn holds 90% interest in AVEA. RK and Dr. Ibrahim are directors of Oger while Dr. Fahad is a director of STC Turkey. RK, Dr. Ibrahim and Dr. Fahad do not have any equity interest in the shares of STC Turkey, OTAS, Turk Telekom or in AVEA. Please refer to Notes 8 and 11 above for the interests in Maxis and STC of RK, Dr. Ibrahim and Dr. Fahad respectively. (14) AXIS Substantial Shareholder, STC has a 80.1% equity interest in AXIS while MCB has a 14.9% equity interest in AXIS. All Substantial Shareholders as set out in pages 226 to 227 of this Annual Report (except for EPF and ARB) are also major shareholders of AXIS. Please refer to the notes [1] to [12] as set out in pages 226 to 227 of this Annual Report for the interests of the interested Major Shareholders. Dr. Fahad, RK and CCB are also Commissioners of AXIS. Dr. Fahad and CCB are also directors of MMSSB and MISB. RK, Dr. Fahad and CCB do not have any equity interest in MMSSB, MISB or AXIS. Please refer to Notes 2 and 8 above for interests in Maxis of CCB, RK and Dr. Fahad, respectively and Note 11 above for interests in STC of Dr. Fahad and RK. (15) MJS Maya Krishnan Tatparanandam ("TMK"), a major shareholder of Merbau Cekal Sdn. Bhd., the ultimate holding company of MJS, is a person connected to TAK. TMK is not a director of MJS. Please refer to Note 1 above for details of TAK’s interests in Maxis. (16) CSS Major Shareholder, TAK is also a major shareholder of CSS with a deemed equity interest of 100% in CSS. MSM is also a director of CSS. Please refer to Note 1 above for their respective interests in Maxis. (17) MLP Major Shareholders, TAK and PanOcean are also major shareholders of MLP with each having a deemed equity interest of 100% in MLP. Please refer to Note 1 above for their respective interests in Maxis. MSM is a director of MLP and does not have any equity interest in the shares of MLP. Please refer to Note 1 above for MSM’s interests in Maxis. (18) SEBIT STC is a Major Shareholder by virtue of its deemed equity interest of 25% in BGSM which in turn wholly-owns MCB. STC through STC Turkey holds 35% shares in Oger, which in turn holds 99% interest in OTAS. OTAS holds 55% shares in Turk Telekom, which in turn owns 100% of SEBIT. RK and Dr. Ibrahim are directors of Oger while Dr. Fahad is a director of STC Turkey. RK, Dr. Ibrahim and Dr. Fahad do not have any equity interest in the shares of STC Turkey, OTAS, Turk Telekom or in SEBIT. Please refer to Notes 8 and 11 above for the interests in Maxis and STC of RK, Dr. Ibrahim and Dr. Fahad respectively. (19) Viva Major Shareholder, STC owns 99% shares of Viva and the remaining 1% shares of Viva is owned by STC Gulf Investment Holding 1 SPC. STC Gulf Investment Holding 1 SPC is wholly-owned by STC Gulf Investment Holding SPC, which in turn is wholly-owned by STC. RK is a director of Viva. RK does not have any equity interest in the shares of Viva, STC Gulf Investment Holding 1 SPC or in STC Gulf Investment Holding SPC. Please refer to Notes 8 and 11 above for RK's interests in Maxis and STC. Continued