Contents :We refer to the Exchange's letter dated 24 October 2000 on the above news article appearing in The Sun, Sun Biz, page 20 on Tuesday 24 October 2000.
We would like to inform the Exchange that, as of now, the Group is not involved in the Bakun dam project. However, the Group is keen to participate in the said project if the opportunity arises.
Query Letter Contents :
We refer to the above news article appearing in The Sun, Sun Biz, page 20, on
Tuesday, 24 October 2000.
In particular, we would like to draw your attention to the following sentence
of the above article which is reproduced as follows:-
" Shares in Ekran......rose sharply higher on speculation.........would
participate in the Bakun Hydroelectric Dam project in Sarawak. "
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 and in particular the above
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 sentence or any other part of the above reported article, you are
required to set forth facts sufficient to clarify any misleading aspects of the
same. In the event you confirm the above sentence or any other part of the
above reported 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
Copy to: Securities Commission (via fax)