BURSA ANNOUNCEMENTS

Date : 11 January 2001

RHB CAPITAL BERHAD ("RHB CAPITAL" OR "THE COMPANY"): PROPOSED DISPOSAL OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL IN RHB INSURANCE BROKERS SDN BHD ("PROPOSED DISPOSAL")

RHB CAPITAL BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDFM-010109-59210
SubjectRHB CAPITAL BERHAD ("RHB CAPITAL" OR "THE COMPANY"):
PROPOSED DISPOSAL OF THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL IN RHB INSURANCE BROKERS SDN BHD ("PROPOSED DISPOSAL")

Contents :

Further to your fax of 10 January 2001 on the above matter, we set out below the additional information as requested:


(1) The net profit after taxation of RHB Insurance Brokers Sdn Bhd based on its latest audited accounts for the financial year ended 30 June 2000, is RM433,985.

(2) No person connected to the directors or substantial shareholders of RHB Capital has any interest, direct or indirect, in the Proposed Disposal.

(3) The Sale of Shares Agreement is available for inspection at the registered office of RHB Capital at Level 8, Tower Three, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur during normal office hours of 9.00 a.m. to 5.15 p.m. on Mondays to Thursdays and 9.00 a.m. to 5.00 p.m. on Fridays, excluding public holidays.


This announcement is dated 11 January 2001.

Query Letter Contents :

We refer to your announcement dated 8 January 2001 in respect of the aforesaid
matter.
In this connection, kindly furnish the Exchange with the following additional
information for
public release:-
(1) Net profits of RHB Insurance Brokers based on the latest audited accounts.
(2) Whether persons connected to the directors and/or substantial
shareholders
have any interest, direct or indirect, in the Proposed Disposal.
(3) The time and place where the Sale of Shares Agreement is available for
inspection.

Kindly furnish the Exchange with your reply within two (2) market days from the
date hereof.

Yours faithfully,


Chong Fui Tzy
Manager, Listing Operations
HTH/TFM





Announcement Info

Company NameRHB CAPITAL BERHAD  
Stock Name RHBCAP    
Date Announced11 Jan 2001  
CategoryGeneral Announcement
Reference NoRC-010111-52908