[MSC] Change In Substantial Shareholder's Shareholding - GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BHD (GELM) on 27-Sep-2006

Highlights

Stock	[MSC]: MALAYSIA SMELTING CORPORATION
Announcement Date	27-Sep-2006

Name	GREAT EASTERN LIFE ASSURANCE (MALAYSIA) BHD (GELM)

Currency

Date of Change		Type	Number of Shares
	18-Sep-2006	Acquired	20,058,300
	18-Sep-2006	Acquired	2,441,700

Nature of Interest	Deemed Interest
Shares	Ordinary Shares
Reason	GELM has a deemed interest in STC's shareholdings in MSC pursuant to Section 6A(4)(c) of the Companies Act 1965. The changes arose from : (i) assignment by STAR(M) of its rights to purchase under the conditional Share Acquisition Agreement dated 29 August 2006 (SAA) entered between STAR(M), SIPL, and MMC Corporation Bhd to SIPL and Baxterley, and (ii) the completion of the SAA on 18 September 2006.

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