Highlights

[BJASSET] Change In Substantial Shareholder's Shareholding - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN on 14-Mar-2005


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

Substantial Shareholder's Particular:

Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN

Details of Changes:

Currency RM

Date of Change Type Number of Shares
10-Mar-2005 Disposed 35,000,000
08-Mar-2005 Acquired 20,423,015
08-Mar-2005 Acquired 13,536,527
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) Beneficial interest - disposal via private placements 2), 3) & 4) Deemed interested by virtue of his interest in Berjaya Group Berhad, the ultimate holding company of Dian Kristal Sdn Bhd, Nada Embun Sdn Bhd and 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. 5) Deemed Interested by virtue of his 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) 497,397,349
Direct (%) 54.96
Indirect (units) 147,638,064
Indirect (%) 16.31
Total (units) 645,035,413
Total (%) 71.27
Date of Notice 10-Mar-2005


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