PRG Holdings Berhad Annual Report 2019

ANNUAL REPORT 2019 65 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 2019 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 1.1.2019 Bought Disposed Balance as at 31.12.2019 Shares in the Company Direct interests: Dato’ Lua Choon Hann 56,325,500 18,552,400 - 74,877,900 Dato’ Wee Cheng Kwan 30,419,200 9,076,200 - 39,495,400 Lim Chee Hoong 154,000 - - 154,000 Indirect interests: Lim Chee Hoong # 154,000 - (20,000) 134,000 Dato’ Lua Choon Hann # 222,000 78,000 - 300,000 Number of Warrants 2014/2019 Balance as at 1.1.2019 Bought Exercised Expired Balance as at 31.12.2019 Warrants in the Company Direct interests: Dato’ Lua Choon Hann 21,630,300 341,200 (14,169,700) (7,801,800) - 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 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 and remuneration received by certain Directors as Directors of subsidiaries as disclosed in Note 34 to the financial statements. DIRECTORS’ REPORT cont’d