Highlights

[DNEX] Notice of Person Ceasing Substantial Shareholders - RENONG BERHAD on 11-Nov-2003

Stock [DNEX]: DAGANG NEXCHANGE BERHAD
Announcement Date 11-Nov-2003

Substantial Shareholder's Particular:

Name RENONG BERHAD

Details of Changes:

Currency -

Date of Change Type Number of Shares
28-Oct-2003 Disposed 349,112,731

Nature of Interest INDIRECT - HELD FOR:- 1. FIBROCEIL MANUFACTURING (MALAYSIA) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FLEET GROUP SDN BHD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF RENONG BERHAD; AND 2. HATIBUDI NOMINEES (TEMPATAN) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF RENONG BERHAD.
Shares ORDINARY SHARES OF RM1.00 EACH
Reason TRANSFER TO UNITED ENGINEERS (MALAYSIA) BERHAD ("UEM") AS CONSIDERATION FOR THE PARTIAL REDEMPTION OF THE RM8,197,620,000 NOMINAL AMOUNT ZERO COUPON REDEEMABLE SECURED GUARANTEED BOND 1999/2006 ISSUED BY RENONG SPV TO PROJEK LEBUHRAYA UTARA-SELATAN BERHAD ("PLUS") WHICH WAS ASSIGNED AND TRANSFERRED ON 31 MAY 2002 BY PLUS TO UEM PURSUANT TO PLUS'S DEBT RESTRUCTURING EXERCISE.


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