Maxis Berhad
Annual Report 2014
80
DIRECTORS’ INTERESTS
According to the Register of Directors’ shareholdings, particulars of interests of the Directors who held office at the end of the financial
year in shares in the Company are as follows:
Number of ordinary shares of RM0.10 each in the Company
As at
1.1.2014
Acquired
Sold
As at
31.12.2014
Raja Tan Sri Dato’ Seri Arshad bin Raja Tun Uda
750,000
(1)
-
-
750,000
(1)
Robert William Boyle
100,000
-
-
100,000
Tan Sri Mokhzani bin Mahathir
751,000
(2)
-
-
751,000
(2)
Augustus Ralph Marshall
750,000
(1)
-
-
750,000
(1)
Morten Lundal
-
687,175
(3)
-
687,175
(3)
Notes:
(1)
Held through a nominee, namely CIMSEC Nominees (Tempatan) Sdn. Bhd.
(2)
Includes deemed interest in 1,000 shares in the Company held by spouse pursuant to Section 134(12)(c) of the Companies Act,
1965.
(3)
These shares are currently held by CIMB Commerce Trustee Berhad or its nominee pursuant to the terms and conditions of the
incentive arrangement which forms part of the employment contract the Director has entered into with the Company, where the
cash incentives payable to the Director were used to acquire shares from the open market and subject thereto, will vest in the
Director on a deferred basis, in accordance with the terms and conditions of the said incentive arrangement. In addition to his
interest in these shares, the Director is also deemed interested in such additional number of shares in the Company which shall
only be determinable in the future, to be acquired using future cash incentives payable to the director, pursuant to the terms and
conditions of such incentive arrangement.
Other than those disclosed above, according to the Register of Directors’ shareholdings, none of the Directors in office at the end of the
financial year held any interest in shares and options over shares in the Company and its related corporations during the financial year.
IMMEDIATE HOLDING, INTERMEDIATE HOLDING, PENULTIMATE HOLDING AND ULTIMATE HOLDING COMPANIES
The Directors regard BGSM Equity Holdings Sdn. Bhd. as the immediate holding company, BGSM Management Sdn. Bhd. as the
intermediate holding company, Maxis Communications Berhad as the penultimate holding company and Binariang GSM Sdn. Bhd. as
the ultimate holding company. All these companies are incorporated and domiciled in Malaysia.
Directors’
Report
