Highlights

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


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

Substantial Shareholder's Particular:

Name BERJAYA LAND BERHAD

Details of Changes:

Currency RM

Date of Change Type Number of Shares
08-Mar-2005 Acquired 20,423,015
08-Mar-2005 Acquired 10,025,235
08-Mar-2005 Acquired 8,749,001

Nature of Interest Direct & Deemed Interest
Shares Ordinary shares of RM1.00 each
Reason 1) & 2) Deemed interested by virtue of their 100% interests in 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 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.

Total no of securities after change

Direct (units) 26,611,308
Direct (%) 2.94
Indirect (units) 98,892,171
Indirect (%) 10.93
Total (units) 125,503,479
Total (%) 13.87
Date of Notice 10-Mar-2005


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