Highlights

[LIONIND] Notice of Person Ceasing Substantial Shareholders - WILLIAM CHENG SDN BHD on 08-Apr-2003


Stock [LIONIND]: LION INDUSTRIES CORPORATION
Announcement Date 08-Apr-2003

Substantial Shareholder's Particular:

Name WILLIAM CHENG SDN BHD

Details of Changes:

Currency -

Date of Change Type Number of Shares
14-Mar-2003 Disposed 232,081,763

Nature of Interest Direct and Indirect
Shares Ordinary Shares of RM1.00 each
Reason Pursuant to the Corporate (including a Capital Reconstruction Exercise) and Debt Restructuring Exercises of Lion Industries Corporation Berhad and by virtue of Section 6A(4)(c) of the Companies Act, 1965



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