[DNEX] Notice of Person Ceasing Substantial Shareholders - FLEET GROUP SDN BHD on 11-Nov-2003

Highlights

Stock	[DNEX]: DAGANG NEXCHANGE BERHAD
Announcement Date	11-Nov-2003

Name	FLEET GROUP SDN BHD

Currency

Date of Change		Type	Number of Shares
	28-Oct-2003	Disposed	49,406,094

Nature of Interest	INDIRECT - HELD FOR FIBROCEIL MANUFACTURING (MALAYSIA) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF FLEET GROUP SDN BHD
Shares	ORDINARY SHARES OF RM1.00 EACH
Reason	TRANSFER TO UNITED ENGINEERS (MALAYSIA) BERHAD ("UEM") AS CONSIDERATION FOR THE PARTIAL REDEMPTION OF THE RM8,197,620,000 NOMINAL AMOUNT ZERO COUPON REDEEMABLE SECURED GUARANTEED BOND 1999/2006 ISSUED BY RENONG SPV TO PROJEK LEBUHRAYA UTARA-SELATAN BERHAD ("PLUS") WHCH WAS ASSIGNED AND TRANSFERRED ON 31 MAY 2002 BY PLUS TO UEM PURSUANT TO PLUS'S DEBT RESTRUCTURING EXERCISE.

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