PRG Holdings Berhad Annual Report 2018

DIRECTORS’ INTERESTS The Directors holding office at the end of the financial year and their beneficial interests in ordinary shares and warrants of the Company and of its related corporations during the financial year ended 31 December 2018 as recorded in the Register of Directors’ Shareholdings kept by the Company under Section 59 of the Companies Act 2016 in Malaysia were as follows: Number of ordinary shares Balance as at Balance as at 1.1.2018 Bought Disposed 31.12.2018 Shares in the Company Direct interests: Dato’ Lua Choon Hann 53,167,800 3,157,700 - 56,325,500 Dato’ Wee Cheng Kwan 30,419,200 - - 30,419,200 Lim Chee Hoong 154,000 - - 154,000 Indirect interests: Lim Chee Hoong # 154,000 - - 154,000 Dato’ Lua Choon Hann # - 222,000 - 222,000 Number of Warrants 2014/2019 Balance as at Balance as at 1.1.2018 Bought Disposed 31.12.2018 Warrants in the Company Direct interests: Dato’ Lua Choon Hann 20,953,100 677,200 - 21,630,300 Dato’ Wee Cheng Kwan 9,451,200 - - 9,451,200 Indirect interests: Dato’ Lua Choon Hann # 38,000 - - 38,000 # Deemed interest by virtue of their spouse’s interest pursuant to Section 59(11)(c) of the Companies Act 2016. None of the other Directors holding office at the end of the financial year held any interest in the ordinary shares and warrants of the Company and of its related corporations during the financial year. DIRECTORS’ BENEFITS Since the end of the previous financial year, none of the Directors have received or become entitled to receive any benefit (other than those benefits included in the aggregate amount of remuneration received or due and receivable by the Directors as shown in the financial statements) by reason of a contract made by the Company or a related corporation 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 other than deemed benefits arising from related party transactions as disclosed in Note 30 to the financial statements and remuneration received by certain Directors as Directors of subsidiaries. There were no arrangements during and at the end of the financial year, to which the Company is a party, which had the object of enabling the Directors to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate except for the warrants issued as disclosed in Note 18(e) to the financial statements, which are also offered to shareholders. directors’ report (continued) PRG HOLD I NGS BERHAD 63