Annual Report 2019

FAR EAST CONSORTIUM INTERNATIONAL LIMITED 126 DIRECTORS’ REPORT Notes: (i) 1,090,823,690 shares were held by Sumptuous Assets Limited, a company controlled by Far East Organization (International) Limited. 15,967 shares were held by Modest Secretarial Services Limited. Far East Organization (International) Limited and Modest Secretarial Services Limited are companies controlled by Tan Sri Dato’ David CHIU. 585,322 shares were held by Ms. Nancy NG, spouse of Tan Sri Dato’ David CHIU. (ii) 464,754 shares were held by Mr. Cheong Thard HOONG jointly with his spouse. (iii) 5,754,094 shares were held by Max Chain Holdings Limited, a company controlled by Mr. Dennis CHIU and his brother Mr. Daniel Tat Jung CHIU. (iv) The percentage represents the number of ordinary shares interested divided by the Company’s issued shares as at 31 March 2019. A.2 Debentures As at 31 March 2019, Tan Sri Dato’ David CHIU was deemed to have an interest in the 3.75% USD Medium Term Notes 2021 issued by the Company in the principal amount of USD12,000,000 of which USD10,000,000 was held by Tan Sri Dato’ David CHIU and USD2,000,000 was held by his spouse, Ms. Nancy NG. As at 31 March 2019, Mr. Cheong Thard HOONG was deemed to have an interest in the 4.5% USD Medium Term Notes 2023 issued by the Company in the principal amount of USD1,000,000 of which USD300,000 was held by Mr. Cheong Thard HOONG and USD700,000 was held by Mr. Cheong Thard HOONG jointly with his spouse. B. Associated corporations B.1 Long position in the ordinary shares Name of Director Name of associated corporation Capacity Number of ordinary shares interested Approximate % of the relevant issued share capital Craig Grenfell WILLIAMS Care Park Beneficiary of a discretionary trust 825 (i) 8.25% (ii) Cheong Thard HOONG BC Group Beneficial owner 653,429 3.30% (iii) Craig Grenfell WILLIAMS BC Group Beneficial owner 217,810 1.10% (iii) Notes: (i) These shares in Care Park were held by Chartbridge Pty Ltd in its capacity as the trustee of the Craig Williams Family Trust, and Mr. Craig Grenfell WILLIAMS, as a beneficiary of the Craig Williams Family Trust, was deemed to be interested in these shares. (ii) The percentage represents the number of ordinary shares interested divided by Care Park’s issued shares as at 31 March 2019. (iii) The percentage represents the number of ordinary shares interested divided by BC Group’s issued shares as at 31 March 2019. Save as disclosed above, none of the Directors or chief executive of the Company had registered an interest and short position in the shares, underlying shares or debentures of the Company or any of its associated corporations that was required to be recorded pursuant to Section 352 of the SFO, or as otherwise notified to the Company and the Stock Exchange pursuant to the Model Code as at 31 March 2019.