Highlights

[MAGNI] Notice of Interest of Substantial Shareholders - TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN on 07-Nov-2006

Stock [MAGNI]: MAGNI-TECH INDUSTRIES BHD
Announcement Date 07-Nov-2006

Substantial Shareholder's Particular:

Name TAN SRI DATO' SERI VINCENT TAN CHEE YIOUN

Details of Changes:

Currency -

Date of Change Type Number of Shares
01-Nov-2006 Acquired 23,888,858

Nature of Interest Deemed
Shares Ordinary shares of RM1.00 each
Reason 1) Deemed interested by virtue of my interest in Berjaya Corporation Berhad, the ultimate holding company of B-Soutex - 22,535,009 shares allotted as consideration for the acquisition by MAGNI of the entire equity interest in South Island Garment Sdn Bhd from Dewangsa Holdings Sdn Bhd ("DHSB"), a 60% owned subsidiary of B-Soutex ("Proposed Acquisition") - 664,877 shares allotted as full settlement of the amount owing to B-Soutex which forms part of the Proposed Acquisition 2) Deemed Interested by virtue of my interest in Berjaya Corporation Berhad, the ultimate holding company of BGCL - 688,972 shares allotted as full settlement of the amount owing to BGCL which forms part of the Proposed Acquisition

Total no of securities after change

Direct (units) 0
Direct (%) 0.00
Indirect (units) 25,986,358
Indirect (%) 25.09
Total (units) 25,986,358
Total (%) 25.09
Date of Notice 06-Nov-2006


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