[BJASSET] Change In Substantial Shareholder's Shareholding - BERJAYA GROUP BERHAD on 14-Mar-2005

Highlights

Stock	[BJASSET]: BERJAYA ASSETS BERHAD
Announcement Date	14-Mar-2005

Name	BERJAYA GROUP BERHAD

Currency

Nature of Interest	Deemed Interest
Shares	Ordinary shares of RM1.00 each
Reason	1) & 2) Deemed interested by virtue of their interest in Berjaya Land Berhad, the holding company of Dian Kristal Sdn Bhd and Nada Embun Sdn Bhd - settlement of claims for the Liquidated Ascertained Damages ("LAD") due from Berjaya Times Square Sdn Bhd ("BTSSB") to the LAD Creditors pursuant to the Debt Settlement Agreement between Matrix International Berhad and BTSSB dated 30.3.2004. 3) Deemed interested by virtue of their interest in Berjaya Capital Berhad, the holding company of Ambilan Imej Sdn Bhd - settlement of claims for the Liquidated Ascertained Damages ("LAD") due from Berjaya Times Square Sdn Bhd ("BTSSB") to the LAD Creditors pursuant to the Debt Settlement Agreement between Matrix International Berhad and BTSSB dated 30.3.2004. 4) Deemed Interested by virtue of their deemed interest in Berjaya Sports Toto Berhad, the holding company of Magna Mahsuri Sdn Bhd - settlement of claims for the Liquidated Ascertained Damages ("LAD") due from Berjaya Times Square Sdn Bhd ("BTSSB") to the LAD Creditors pursuant to the Debt Settlement Agreement between Matrix International Berhad and BTSSB dated 30.3.2004.

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