HSBC Nominees (Asing) Sdn Bhd Exempt AN for Credit Suisse (SG BR-TST-ASING)
Nature of Interest
Deemed Interest
Consideration
5.17
Nature of Interest
Deemed Interest
Shares
Ordinary Shares
Reason
Disposal of 20,000,000 Genting Berhad ("GENT") shares held by Kien Huat International Limited ("KHIL") pursuant to a cash settled total return swap transaction entered into on 7 June 2022.
Tan Sri Lim Kok Thay had a deemed interest in the GENT shares disposed of by KHIL by virtue of him being a beneficiary of a discretionary trust ("the Discretionary Trust") of which Parkview Management Sdn Bhd ("PMSB") is the trustee. PMSB as trustee of the Discretionary Trust owns 100% of the voting shares of KHIL. As such, PMSB as trustee of the Discretionary Trust was deemed interested in the GENT shares held by KHIL.