Attn : Mr. Inderjit Singh
We refer to your fax dated 15 September 2000 on the above.
We wish to advise that in undertaking the restructuring exercise of Berjuntai, a few assets injection proposals including those from land-based companies have been considered. The Board is expected to make a decision on the matter shortly. The restructuring proposal is expected to be completed in the current financial year ending 30 April 2001.
Query Letter Contents :
We refer to the above article appearing on Page 2 of the Sun Biz of The Sun
newspaper on 15 September 2000, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentence
which states that
The restructuring exercise, which is expected to be completed in the current
financial year, could see the involvement of a land-based company and an asset
injection in return for equity in Berjuntai Tin.
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported article in particular the underlined
sentence after due and diligent enquiry with all the directors, substantial
shareholders and all such other persons reasonably familiar with the matters
about which the disclosure is to be made in this respect. In the event you deny
the above reported sentence or any other part of the article, you are required
to set forth facts sufficient to clarify any misleading aspects of the same. In
the event you confirm the above reported sentence or any other part of the
article, you are required to set forth facts sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
KUALA LUMPUR STOCK EXCHANGE
Senior Manager, Listing Operations
Copy to: Securities Commission (via fax)