Change in particulars of Mohamad Shahrin's deemed interest in 4,875,000,000 ordinary shares in Maxis Berhad ("Maxis") ("Maxis Shares") following an internal corporate restructuring exercise undertaken by and involving the Binariang GSM Sdn. Bhd. ("BGSM") group of companies.

The internal corporate restructuring exercise involves: 

(1) the subscription by BGSM of 10,780,000,000 new ordinary shares ("OS") and new 16,170 redeemable preference shares ("RPS") in the share capital of BGSM Management Sdn. Bhd. ("BGSM Management") pursuant to a Subscription Agreement dated 13 February 2018 entered into between BGSM and BGSM Management ("SA"); and

(2) the disposal by Maxis Communications Berhad ("MCB") of 1,000,000 OS and 400 RPS in the share capital of BGSM Management to its holding company, BGSM, pursuant to a Share Purchase Agreement dated 13 February 2018 entered into between MCB and BGSM ("SPA"). 

On completion of the SA and the SPA, there is no change to the registered holder of the 4,875,000,000 Maxis Shares representing 62.42% of the total issued and paid-up share capital of Maxis. 

BGSM holds 100% equity interest in BGSM Management, which in turn holds 100% equity interest in BGSM Equity, which in turn holds the 4,875,000,000 Maxis Shares representing 62.42% of the total issued and paid-up share capital of Maxis.

Mohamad Shahrin's deemed interest in the Maxis Shares arises by virtue of his 25% direct equity interest in Harapan Nusantara Sdn Bhd ("Harapan Nusantara"). 

Harapan Nusantara's deemed interest in the Maxis Shares arises through its wholly-owned subsidiaries, namely, Mujur Anggun Sdn Bhd, Cabaran Mujur Sdn Bhd, Anak Samudra Sdn Bhd, Dumai Maju Sdn Bhd, Nusantara Makmur Sdn Bhd, Usaha Kenanga Sdn Bhd and Tegas Sari Sdn Bhd (the "Harapan Nusantara Subsidiaries"), which hold in aggregate 30% equity interest in BGSM. 

The Harapan Nusantara Subsidiaries hold their deemed interest in such Maxis Shares under discretionary trusts for Bumiputera objects. As such, he does not have any economic interest in such Maxis Shares as such interest is held subject to the terms of such discretionary trusts.