PRG Holdings Berhad Annual Report 2020

Annual Report 2020 61 DIRECTORS’ INTERESTS The Directors holding office at the end of the financial year and their beneficial interests in ordinary shares of the Company and of its related corporations during the financial year ended 31 December 2020 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 1.1.2020/ Balance Date of as at appointment Bought Disposed 31.12.2020 Shares in the Company Direct interests: Dato’ Lua Choon Hann 74,877,900 184,600 (41,088,600) 33,973,900 Dato’ Wee Cheng Kwan 39,495,400 - (32,695,400) 6,800,000 Ji Haitao 917,000 - - 917,000 Lim Chee Hoong 154,000 - - 154,000 Indirect interests: Dato’ Lua Choon Hann # 300,000 - - 300,000 Lim Chee Hoong # 134,000 - - 134,000 # 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 36 to the financial statements. 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. DIRECTORS’ REMUNERATION The details of Directors’ remuneration are disclosed in Note 36 to the financial statements. Directors’ Report cont’d