Highlights

[LIONIND] Notice of Interest of Substantial Shareholders - LION DEVELOPMENT (PENANG) SDN BHD on 08-Apr-2003

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

Substantial Shareholder's Particular:

Name LION DEVELOPMENT (PENANG) SDN BHD

Details of Changes:

Currency -

Date of Change Type Number of Shares
14-Mar-2003 Acquired 312,635,928

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

Total no of securities after change

Direct (units) 225,257
Direct (%) 0.03
Indirect (units) 312,410,671
Indirect (%) 45.99
Total (units) 312,635,928
Total (%) 46.02
Date of Notice 21-Mar-2003


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