Base on the Directors' Report for year ended 31 December 2006, on 31 December 2006, he held 12,958,872 Bumiputra Commerce Holdings Berhad ordinary shares and another 19,644,389 employee share option exercisable at RM1.42 per share.
2007 Annual Reports and Accounts shows that on 7 January 2008, he exercised his option and converted all the 19,644,389 options into shares at exercise price of RM1.42 per share; costing him only RM1.42 per share RM27,895,032.
And as a loving husband, 4,550,000 shares was disposed to his wife and he is left with merely 28,053,261 ordinary shares on 31 December 2007
While he got the shares at RM1.42 per share on 7 Jan 2008, the issue price of ESOS to employees during 2007 ranged between premium of RM2.13 to RM3.05 (i.e. employees have to buy shares at range of RM3.13 to RM4.05).
Also during 2007, a private placement of 117,000,000 ordinary shares of RM1 each also took place and the new investors have to pay a premium of RM10.41 i.e. the price of RM11.41 per share.
Helluva staff discount if you ask me.