Contents :
We refer to the above matter and your letter dated 9 June 2000.
We write to advise that we have no information, which may clarify the cause or veracity of the contents in the said article.
As Maybank's proposal is to acquire Phileo Allied Berhad, we note that it includes acquisition of substantially all of the latter's subsidiaries, assets and businesses, including Phileo Allied Securities Sdn Bhd.
Query Letter Contents :
We refer to the above article appearing in Bloomberg, on 9 June 2000, 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:-
"Amirsham's remarks come amid rumors that Maybank and PhileoAllied merger talks
have fallen through."
"He said Maybank is currently in talks with PhileoAllied Securities,..."
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,
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 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
KUALA LUMPUR STOCK EXCHANGE
Chong Fui Tzy
Manager, Listing Operations
ASL/TFM
cc:Securities Commission