BURSA ANNOUNCEMENTS


 

Date : 15 July 2003

Article entitled: "Plan to Take RHB Cap private re-emerges"

RHB CAPITAL BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDFM-030714-58396
SubjectArticle entitled:
"Plan to Take RHB Cap private re-emerges"

Contents :

We refer to the Exchange's query dated 14 July 2003 in respect of the above article which appeared in The Edge, pages 1 and 67.


RHB Capital Berhad ("RHB Capital" or "the Company") wishes to state that there are currently no plans for the Company to go private.

This announcement is dated 15 July 2003.

Query Letter Contents :

We refer to the above article appearing in The Edge, pages 1 and 67, on Monday,
14 July 2003, a
copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced
as follows:-
" ...Rashid Hussain Bhd (RHB) is once again mulling the possibility of taking
its subsidiary
RHB Capital Bhd private".
"Sources say RHB, which saw a change in shareholding in February this year, is
looking at the
exercise which will clear the way for it to have direct exposure to the
financial units of the group".

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
underlined sentences after due and diligent enquiry with all the directors,
major 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 sentences 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 sentences 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
date hereof.

Yours faithfully


CHONG FUI TZY
Senior Manager
Listing Operations
HTH/WSW/TFM
Copy to : Securities Commission (via fax)



Announcement Info

Company NameRHB CAPITAL BERHAD  
Stock Name RHBCAP    
Date Announced15 Jul 2003  
CategoryGeneral Announcement
Reference NoCU-030715-65108

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