Changes in Sub. S-hldr's Int. (29B)

COSWAY CORPORATION BERHAD

Particulars of substantial Securities Holder

Name

BERJAYA CORPORATION BERHAD
AddressLot 13-01A, Level 13 (East Wing), Berjaya Times Square, No. 1 Jalan Imbi, 55100 Kuala Lumpur
NRIC/Passport No/Company No.554790-X
Nationality/Country of incorporationMalaysia
Descriptions (Class & nominal value)Ordinary Shares of RM1/= each
Name & address of registered holder1) Berjaya Sompo Insurance Berhad (formerly known as Berjaya General Insurance Berhad) of 18th Floor Menara BGI, Plaza Berjaya, 12 Jalan Imbi, 55100 Kuala Lumpur (Disposed : 13,549,000 ordinary shares)

2) Prime Credit Leasing Sdn Bhd of Lot 13-03 13th Floor, Berjaya Times Square, No. 1 Jalan Imbi, 55100 Kuala Lumpur (Disposed : 7,444,242 ordinary shares)

3) Mayban Nominees (Tempatan) Sdn Bhd of 14th Floor, Menara Maybank, 100 Jalan Tun Perak, 50050 Kuala Lumpur (Disposed : 1,102,000 ordinary shares)

4) Cimsec Nominees (Tempatan) Sdn Bhd of 9th Floor, Commerce Square, Jalan Semantan, Damansara Heights, 50490 Kuala Lumpur (Acquired : 96,956,569 ordinary shares)

5) Global Empires Sdn Bhd of Level 12 Berjaya Times Square, No. 1 Jalan Imbi, 55100 Kuala Lumpur (Acquired : 2,058,900 ordinary shares)

Details of changes

Type of transactionDate of change
No of securities
Price Transacted (RM)
Disposed21/05/2007
22,095,242
 
Acquired21/05/2007
96,956,569
 
Acquired22/05/2007
515,100
 
Acquired23/05/2007
1,229,500
 
Acquired24/05/2007
314,300
 

Circumstances by reason of which change has occurred1) Disposal of shares pursuant to unconditional offer by Global Empires Sdn Bhd at an offer price of RM1.20 per share
2) Acquisition of shares pursuant to unconditional offer by Global Empires Sdn Bhd at an offer price of RM1.20 per share
3) Purchase from the open market
Nature of interestDeemed interests
Direct (units) 
Direct (%) 
Indirect/deemed interest (units)333,097,992 
Indirect/deemed interest (%)96.71 
Total no of securities after change333,097,992
Date of notice28/05/2007

Remarks :

INDIRECT SHAREHOLDINGS

1. Garima Holdings Sdn Bhd 163,146,509
2. Juara Sejati Sdn Bhd 58,132,940
3. Bizurai Bijak (M) Sdn Bhd 12,803,074
4. Global Empires Sdn Bhd 99,015,469
---------------------
333,097,992
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Announcement Info

Company NameCOSWAY CORPORATION BERHAD  
Stock Name COSWAY    
Date Announced31 May 2007  
CategoryChanges in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965
Reference NoCC-070528-61823