GREAT Eastern Holdings (GEH) and its subsidiaries The Great Eastern Life Assurance (GEL) and The Overseas Assurance Corporation (OAC) no longer have any deemed interest in MFS Technology.

This followed the reduction of GEL's and OAC's joint interest in WBL Corporation Ltd from 20.9 per cent to 19.57 per cent. Consequently, GEH, GEL and OAC ceased to be interested in the 364.5 million MFS Technology shares held by Wearnes Technology (Private) Ltd, a subsidiary of WBL.

MFS shares ended half a cent weaker at 79 cents yesterday.