Kenanga Investment Bank Berhad Annual Report 2021 138 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD DIRECTORS' BENEFITS Neither at the end of the financial year, nor at any time during that year, did there subsist any arrangement to which the Bank was a party, whereby the Directors might acquire benefits by means of the acquisition of shares in or debentures of the Bank or any other body corporate. Since the end of the previous financial year, no Director has received or become entitled to receive a benefit (other than benefits included in the aggregate amount of emoluments received or due and receivable by the Directors of the Bank as shown in Note 39 of the financial statements or from related corporations) by reason of a contract made by the Bank or a related corporation with any 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. On 3 August 2020, one (1) of the Directors, namely Datuk Syed Ahmad Alwee Alsree was appointed as a director of Satria Realty Sdn Bhd, which is the landlord of the premises leased to the Bank. DIRECTORS' INTERESTS According to the register of Director's shareholdings, the interests of Directors in office at the end of the financial year, in shares of the Bank, are as follows: The Bank: Number of ordinary shares At 1.1.2021 Addition Disposal At 31.12.2021 Direct interest: Luigi Fortunato Ghirardello 631,700 - - 631,700 Norazian Binti Ahmad Tajuddin 10,000 - - 10,000 Kanagaraj Lorenz 212,300 175,700 - 388,000 Jeremy Bin Nasrulhaq 187,900 - - 187,900 Other than as disclosed above, none of the other Directors in office at the end of the financial year had any interest in shares of the Bank or its related corporations during the financial year. Directors’ Report
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