Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965

04/04/2003

Notice of Interest Sub. S-hldr (29A)

SOUTHERN STEEL BERHAD

Particulars of Substantial Securities Holder

Name

Y.S .Fu Holdings (2002) Pte Ltd ("Y.S. Fu Holdings (2002)")
Address200 Cantonment Road
#15-00 Southpoint
Singapore 089763
NRIC/Passport No/Company No.198903314Z
Nationality/Country of incorporationSingapore
Descriptions (Class & nominal value)Ordinary shares of RM1.00 each
Name & address of registered holderNatSteel Ltd ("NSL")
22 Tanjong Kling Road
Singapore 628048

Date interest acquired & no of securities acquired

Date interest acquired27/03/2003
No of securities76,329,000
Circumstances by reason of which Securities Holder has interestExcel Partners Pte. Ltd. ("Excel") has a deemed interest in 76,329,000 shares in the capital of Southern Steel Berhad (representing 27.03% of the total issued capital of Southern Steel Berhad) held by NSL by virtue of Section 6A of the Companies Act, 1965.

As a result of an acquisition of shares in Excel, Y.S. Fu Holdings (2002) has a deemed interest in the shares in which Excel is interested in by virtue of Section 6A of the Companies Act, 1965.
Nature of interestDeemed interest
Price Transacted (RM)

Total no of securities after change

Direct (units) 
Direct (%) 
Indirect/deemed interest (units)76,329,000 
Indirect/deemed interest (%)27.03 
Date of notice04/04/2003

Remarks :
This announcement is dated 4 April 2003.


Announcement Info

Company NameSOUTHERN STEEL BERHAD  
Stock Name SSTEEL
Date Announced4 Apr 2003  
CategoryNotice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference NoSS-030404-63764