EXCEL FORCE MSC BERHAD Annual Report 2018

41 ANNUAL REPORT 2018 Directors’ Interests The interests and deemed interests in the shares and warrants of the Company and of its related corporations (other than wholly-owned subsidiary companies) of those who were Directors at financial year end according to the Register of Directors’ Shareholdings are as follows: Number of ordinary shares 1.1.2018 Bought Sold 31.12.2018 Interests in the Company Direct interests Wang Kuen-Chung @ Jeff Wang 1,899,004 - - 1,899,004 Gan Teck Ban 1,350,000 - - 1,350,000 Lok Choon Hong 40,000 - - 40,000 Wong Kok Chau 5,000 - - 5,000 Dato’ Dr. Norraesah Binti Haji Mohamad 460,000 - - 460,000 Indirect interests Wang Kuen-Chung @ Jeff Wang (1) 23,350,000 - - 23,350,000 Dato’ Dr. Norraesah Binti Haji Mohamad (2) 82,482,800 1,244,600 - 83,727,400 Number of Warrants 2014/2019 1.1.2018 Bought Sold 31.12.2018 Interests in the Company Direct interests Wang Kuen-Chung @ Jeff Wang 102 - - 102 Wong Kok Chau 1,000 - - 1,000 Indirect interests Dato’ Dr. Norraesah Binti Haji Mohamad (2) 10,000,000 - 3,000,000 7,000,000 Notes: (1) Deemed interest pursuant to Section 8 of the Companies Act, 2016 by virtue of the shareholdings in Exacta Co. Ltd., a company incorporated in British Virgin Islands. (2) Deemed interest pursuant to Section 8 of the Companies Act, 2016 by virtue of the shareholdings in Asia Internet Holdings Sdn. Bhd., a company incorporated in Malaysia. None of the other Directors in office at the end of the financial year had any interest in the ordinary shares and warrants of the Company or of its related corporations during the financial year. Directors’ Benefits Since the end of the previous financial year, no Director of the Company has received or become entitled to receive a benefit (other than a benefit included in the aggregate amount of remuneration received or due and receivable by Directors as shown in Note 30(c) to the financial statements) by reason of a contract made by the Company or a related corporations with the Director or with a firm of which the Director is a member, or with a company in which the Director has a substantial financial interest. Neither during nor at the end of the financial year, was the Company a party to any arrangement whose object was to enable the Directors to acquire benefits by means of the acquisition of shares in, or debentures of, the Company or any other body corporate. Directors’ Report (cont’d)