Ann: Becoming a substantial holder from MUFG, page-20

Yes, why don't they

Morgan Stanley is the Trustee representing these short traders. They are the "Holder" of securities that were borrowed and are subject to be returned to the lender under a prime brokerage agreement.
MUFJ is the ultimate beneficiary who lent the shares, not the borrower.


3. Details of relevant interests
The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a
substantial holder are as follows:
Holder of relevant interest Nature of relevant interest (7) Class and number
of securities
Morgan Stanley & Co.
International plc
Holder of securities subject to an obligation to return under a prime brokerage
agreement through an associate.
202,792 Ordinary
Shares
Morgan Stanley & Co.
International plc
Holder of securities subject to an obligation to return under a prime brokerage
agreement.
600,588 Ordinary
Shares
Morgan Stanley & Co.
International plc
Shares held or in respect of which the holder may exercise control over
disposal in the ordinary course of sales and trading businesses. 5,949 Ordinary Shares
Morgan Stanley Australia
Securities Limited
Shares held or in respect of which the holder may exercise control over
disposal in the ordinary course of sales and trading businesses. 2,045 Ordinary Shares
Each of the entities (as listed in
Annexure A) in the Morgan
Stanley group upstream of the
above entities
Each of the above entities is a body corporate that each upstream entity
controls and therefore has the relevant interests that the above entities
collectively have.
811,374 Ordinary
Shares(N.B.: Total of
the above direct
interest)