[UTDPLT] Notice of Interest of Substantial Shareholders - MAXIMUM VISTA SDN BHD on 04-Apr-2003

Highlights

Stock	[UTDPLT]: UNITED PLANTATIONS BHD
Announcement Date	04-Apr-2003

Name	MAXIMUM VISTA SDN BHD

Currency

Date of Change		Type	Number of Shares
	04-Apr-2003	Acquired	34,959,448

Nature of Interest	Direct
Shares	Ordinary Shares of RM1.00 each fully paid
Reason	Allotment of 34,959,448 Ordinary Shares of RM1.00 each by United Plantations Berhad (UPB) in respect of : The Acquisition Of Approximately 89.93% Of The Equity Interest In United International Enterprises (M) Berhad (UIEM) by UPB Comprising 116,915,000 Ordinary Shares Of RM1.00 Each From Maximum Vista Sdn Bhd ("MVSB") For A Purchase Consideration Of RM396,540,026 To Be Satisfied By Way Of Issuance Of 34,959,448 New Ordinary Shares Of RM1.00 Each in UPB At An Issue Price Of RM3.97 Each, Cash Consideration Of RM150,000,000 And A Deferred Payment Of RM107,751,017 To Be Represented By A Promissory Note.

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