ARTICLE ON STOCKWATCH OF RANHILL
RANHILL UTILITIES BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | HS-030630-44158 |
Subject | ARTICLE ON STOCKWATCH OF RANHILL |
Contents :
We refer to the Exchange's query dated 21 July 2003 in relation to the article appearing in THE STAR, BizWeek on Monday, 21 July 2003.
We wish to inform the Exchange that the Company, has not engaged in any discussion or negotiation with Ranhill Berhad regarding the merger as reported.
Query Letter Contents :
We refer to the above news article appearing in StarBiz section of The Star,
Page 4, on Monday, 21 July 2003, a copy of which is enclosed for your
reference.
In particular, we would like to draw your attention to the underlined sentence,
which is reproduced as follows:-
"Lately there was also speculation that the management was considering merging
Ranhill and its sister company Ranhill Utilities Bhd."
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 sentence 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
INDERJIT SINGH
Senior Manager
Listing Operations
CKM/WSW/HSN
c.c. Securities Commission (via fax)
Announcement Info
Company Name | RANHILL UTILITIES BERHAD |
Stock Name | RUBHD |
Date Announced | 22 Jul 2003 |
Category | General Announcement |
Reference No | CM-030722-41566 |