DIRECTORS’ INTERESTS (CONT’D) Holdings in which the director, his spouse and children below 18 years of age have a direct interest At beginning of the year At end of the year The Company Ordinary Shares Kwek Leng Beng 397,226 397,226 Preference Shares Kwek Leng Beng 144,445 144,445 Immediate and Ultimate Holding Company Hong Leong Investment Holdings Pte. Ltd. Ordinary Shares Kwek Leng Beng 2,320 2,320 Sherman Kwek Eik Tse 1,174 1,174 Subsidiary Corporation Millennium & Copthorne Hotels New Zealand Limited Ordinary Shares Kwek Leng Beng 906,000 906,000 Redeemable Non-voting Preference Shares Kwek Leng Beng 453,000 453,000 Related Corporations Hong Leong Finance Limited Ordinary Shares Kwek Leng Beng 6,667,567 6,667,567 DIRECTORS’ INTERESTS (CONT’D) Holdings in which the director, his spouse and children below 18 years of age have a direct interest At beginning of the year At end of the year Related Corporations (cont’d) Hong Leong Finance Limited (cont’d) Options to subscribe for ordinary shares under the Hong Leong Finance Share Option Scheme 2001 Kwek Leng Beng 983,500 1,156,000 Hong Leong Holdings Limited Ordinary Shares Kwek Leng Beng 259,000 259,000 Hong Leong Asia Ltd. Ordinary Shares Kwek Leng Beng 660,000 660,000 Hong Realty (Private) Limited Ordinary Shares Kwek Leng Beng 1,110 1,110 Sun Yuan Holdings Pte Ltd Ordinary Shares Kwek Leng Beng 15,000,000 15,000,000 Other holdings in which the director is deemed to have an interest At beginning of the year At end of the year Immediate and Ultimate Holding Company Hong Leong Investment Holdings Pte. Ltd. Ordinary Shares Kwek Leng Beng 40,744 40,744 The directors’ interests in the Company as disclosed above remained unchanged as at 21 January 2024. Neither at the end of, nor at any time during the financial year, was the Company a party to any arrangements whose objects are, or one of whose objects is, to enable the directors of the Company to acquire benefits by means of the acquisition of shares in or debentures of the Company or any other body corporate. DIRECTORS’ STATEMENT DIRECTORS’ STATEMENT FINANCIALS FINANCIALS ANNUAL REPORT 2023 CITY DEVELOPMENTS LIMITED 115 114
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