Highlights

[MAGNI] Notice of Interest of Substantial Shareholders - BERJAYA CORPORATION BERHAD on 07-Nov-2006

Stock [MAGNI]: MAGNI-TECH INDUSTRIES BHD
Announcement Date 07-Nov-2006

Substantial Shareholder's Particular:

Name BERJAYA CORPORATION BERHAD

Details of Changes:

Currency -

Date of Change Type Number of Shares
01-Nov-2006 Acquired 23,888,858

Nature of Interest Deemed
Shares Ordinary shares of RM1.00 each
Reason 1) Deemed interested by virtue of our 100% equity interest in Berjaya Group Berhad, the immediate holding company of B-Soutex - 22,535,009 shares allotted as consideration for the acquisition by MAGNI of the entire equity interest in South Island Garment Sdn Bhd from Dewangsa Holdings Sdn Bhd ("DHSB"), a 60% owned subsidiary of B-Soutex ("Proposed Acquisition") - 664,877 shares allotted as full settlement of the amount owing to B-Soutex which forms part of the Proposed Acquisition 2) Deemed Interested by virtue of our 100% equity interest in Berjaya Group Berhad, the immediate holding company of BGCL - 688,972 shares allotted as full settlement of the amount owing to BGCL which forms part of the Proposed Acquisition

Total no of securities after change

Direct (units) 0
Direct (%) 0.00
Indirect (units) 25,986,358
Indirect (%) 25.09
Total (units) 25,986,358
Total (%) 25.09
Date of Notice 06-Nov-2006


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