ARTICLED ENTITLED: "Maju shopping for three colleges."
KEMAYAN CORPORATION BHD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | NM-030714-40885 |
Subject | ARTICLED ENTITLED: "Maju shopping for three colleges." |
Contents :
We refer to the Exchange's query dated 14 July 2003 on the article appearing in the Sun, page 13, on Monday, 14 July 2003 which read: "Maju shopping for three colleges."
After due and diligence enquiry, the Board of Directors of Kemayan Corporation Berhad ("Kemayan" or "the Company") wishes to inform the Exchange that the Company has not been approached by Maju Holdings Sdn Bhd on the acquisition of Kemayan ATC College, a college owned by Macro System Consultancy Sdn Bhd ("MSC"), an associate company of Kemayan.
The Board of Directors of Kemayan wishes to inform the Exchange that the said article also contained outdated fact which stated that Kemayan owns 47.17% equity in MSC. The Company does not wish to comment on the said article published by the Sun as information related to Kemayan as published are not released by the Company.
Query Letter Contents :
We refer to the above article appearing in The Sun, page 13, 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:-
"...Maju Holdings Sdn Bhd is looking to acquire...Kemayan ATC College."
"...Kemayan exit the education business."
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 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 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
INDERJIT SINGH
Senior Manager
Listing Operations
IS/WSW/NMA Copy to: Securities Commission (via fax)
Announcement Info
Company Name | KEMAYAN CORPORATION BHD |
Stock Name | KEMAYAN |
Date Announced | 15 Jul 2003 |
Category | General Announcement |
Reference No | CS-030715-36099 |