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Disposal
Of Shares In Mayne Nickless Limited
Landmarks announces that it has disposed
1,371,011 shares in Mayne Nickless Limited ("Disposed
Shares"). Mayne Nickless Limited ("MNL") is
listed on the Australian Stock Exchange with principle activities
as provider of integrated services with its primary focus
on health related industry and logistics.
Disposed Shares
1.1 The disposals were made through contracts in the open
market on the following date:
| Contract Date |
Price (AUD$) |
Quantity |
Consideration (AUD$) |
Net Proceeds (AUD$) |
| 26 April 2001 |
6.4700 |
500,000 |
3,235,000 |
3,213,972 |
| 26 April 2001 |
6.4308 |
871,011 |
5,601,297 |
5,570,490 |
 |
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|
|
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Total Proceeds |
8,784,462 |
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1.2 Total proceeds from Disposed Shares in
Ringgit are approximately RM17.305 million (For the purpose
of this announcement the exchange rate use is AUD$1: RM1.97).
The balance of MNL shares held by Landmarks after the disposal
is 7,709,923.
1.3 A total of 2.5 million MNL shares were disposed since
11 April 2001 ("Accumulated Disposed Shares") with
total net proceeds of AUD$16.189 million/ RM31.892 million.
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