Contents :
We refer to the above article in the Business Times, pages 1 and 17 on Friday, 12 January, 2001.
We wish to advise that Arab-Malaysian Finance Berhad had, in its ordinary course of business, entered into an affiliation agreement with MBf Cards (M’sia) Sdn Bhd (“MBf Cards”) to provide line of credit to holders of MasterCard issued by MBf Cards.
Query Letter Contents :
We refer to the above article appearing in Business Times, pages 1 and 17 on
Friday, 12 January 2001, 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:-
"... MBf Cards is now in partnership with the Arab-Malaysian Banking Group and
a new line of credit will be provided by Arab-Malaysian Finance."
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,
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 sentence 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 sentence 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
Chong Fui Tzy
Manager, Listing Operations
HTH/ASL/MEM
cc:Securities Commission (via fax)