COMPUTER SYSTEMS ADVISERS (M) BERHAD (CSAM) ARTICLE ENTITLED: "TECH FORCE TO RECKON WITH"
COMPUTER SYSTEMS ADVISERS (M) BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | JL-000529-41677 |
Subject | COMPUTER SYSTEMS ADVISERS (M) BERHAD (CSAM) ARTICLE ENTITLED: "TECH FORCE TO RECKON WITH" |
Contents :
- We refer to your letter dated 30 May 2000 in respect of subject-matter and furnish herewith our comments for your attention:-.
1. The announcement in respect of the proposed joint venture to develop technology that will embed the Linus operating system onto a chip would be released to your Exchange today.
2. The announcement in respect of the Company’s proposed corporate exercise would be released to your Exchange today.
3. To the best of our knowledge, we are not aware of any major outsourcing contract.
Yours faithfully
COMPUTER SYSTEMS ADVISERS (M) BERHAD
YONG KAR SENG, PETER
Alternate Director
Query Letter Contents :
We refer to the above article appearing in The Edge, Pages 29 and 33, on
Monday, 29 May 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:-
"One upcoming announcement is expected to involve a research and development
joint venture with a foreign partner, to develop technology that will embed the
Linux operating system onto a chip."
"CSA is expected to announce a capital-raising exercise soon,
......................"
"...........when it announces a major outsourcing
contract...................................."
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 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
KUALA LUMPUR STOCK EXCHANGE
TAN YEW ENG
Senior Manager, Listing Operations
ASL/JT
copy to Securities Commission
Announcement Info
Company Name | COMPUTER SYSTEMS ADVISERS (M) BERHAD |
Stock Name | CSA |
Date Announced | 31 May 2000 |
Category | General Announcement |
Reference No | CC-000531-E0DBB |