Annual Report 2019
ANNUAL REPORT 2019 129 DIRECTORS’ REPORT SUBSTANTIAL SHAREHOLDERS’ INTERESTS AND SHORT POSITIONS IN SHARES AND UNDERLYING SHARES As at 31 March 2019, according to the register of interests in shares or short positions as recorded in the register, required to be kept under Section 336 of the SFO (other than the interests of Directors as set out above) and as far as the Directors are aware, the following persons had interests of 5% or more or short positions in the shares of the Company: Name of substantial Shareholder Capacity Number of ordinary shares interested Approximate % of the Company’s issued share capital (iv) Sumptuous Assets Limited Beneficial owner 1,090,823,690 (i) 46.38% (long position) Deacon Te Ken CHIU Beneficial owner 13,022,647 0.55% (long position) Interest of controlled corporations 140,942,693 (ii) 5.99% (long position) Interest of spouse 1,624,301 (ii) 0.06% (long position) Value Partners Group Limited Interest of controlled corporations 139,917,264 (iii) 5.94% (long position) Value Partners High-Dividend Stocks Fund Beneficial owner 112,842,788 4.79% (long position) Notes: (i) The interests of Sumptuous Assets Limited were also disclosed as the interests of Tan Sri Dato’ David CHIU in the above section headed “Directors’ and Chief Executive’s Interests and Short Positions in Shares, Underlying Shares and Debentures”. Tan Sri Dato’ David CHIU is a director of Sumptuous Assets Limited. (ii) 140,942,693 shares were held by various companies under Mr. Deacon Te Ken CHIU’s estate and 1,624,301 shares were held by Mrs. Ching Lan JU CHIU, spouse of Mr. Deacon Te Ken CHIU. Mr. Deacon Te Ken CHIU passed away on 17 March 2015 and his interests in the ordinary shares of the Company forms part of his estate. (iii) These shares were held by various companies controlled by Value Partners Group Limited. (iv) The percentage represents the number of ordinary shares interested divided by the number of the Company’s issued shares as at 31 March 2019. Save as disclosed above, as at 31 March 2019, the Company has not been notified of any persons (other than directors or chief executive of the Company) who had an interest or short positions in the shares or underlying shares of the Company as recorded in the register required to be kept by the Company pursuant to Section 336 of the SFO.
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