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 David Fu Kuo Chen ("DFKC")
Nationality/Country of incorporation Singaporean
Descriptions (Class & nominal value)
Ordinary shares of RM1.00 each

Date interest acquired & no of securities acquired

Date interest acquired 27/03/2003
No of securities 76,329,000
Circumstances by reason of which Securities Holder has interest
Excel 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 the capital of Excel, DFKC has a deemed interest in the shares in which Excel is interested in by virtue of Section 6A of the Companies Act, 1965, through his deemed interest in Y.S. Fu Holdings (2002) Pte. Ltd.
Nature of interest
Deemed interest
Price Transacted (RM)

Total no of securities after change

Direct (units)
Direct (%)
Indirect/deemed interest (units)
76,329,000
Indirect/deemed interest (%) 27.0300
Date of notice 04/04/2003


Remarks :
This announcement is dated 4 April 2003.


Announcement Info

Company Name SOUTHERN STEEL BERHAD
Stock Name SSTEEL
Date Announced 04 Apr 2003
Category Notice of Interest of Substantial Shareholder Pursuant to Form 29A of the Companies Act. 1965
Reference Number SS-030404-64347