ARTICLE ENTITLED : "SNAPSHOTS: MCM TECHNOLOGIES"
MCM TECHNOLOGIES BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | MN-030811-30224 |
Subject | ARTICLE ENTITLED : "SNAPSHOTS: MCM TECHNOLOGIES" |
Contents :
We refer to the Exchange's query letter dated 11th August 2003 in relation to the above article which appeared in The Star newspaper under the Star Biz section on Saturday, 9th August 2003.
We wish to inform the Exchange that the Company did not make any public announcement whatsoever last Thursday on the subject matter. However, the Company has made a teaming arrangement with South Korea's LG Group to jointly bid for an information technology ("IT") project. The Company will make the necessary announcement accordingly once the bid is successful.
The reply is dated 12th August 2003.
Query Letter Contents :
We refer to the above news article appearing in The Star, StarBiz, Page 3, on
Saturday, 9 August 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:-
"MCM Technologies Bhd announced on Thursday that it was teaming up with South
Korea's LG group to jointly bid for a RM500mil information technology
outsourcing project."
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 article and in particular the underlined
sentence after due and diligent enquiry with all the directors, major
shareholders and all such persons reasonably familiar with the matter 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 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 sentence or any other part of the
above reported article, you are required to set forth facts sufficient to
support the same.
Page 2/-
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully
Tan Yew Eng
Senior Manager, Listing Operations
SW/TYE/LMN
copy to:- Securities Commission (via fax)
Announcement Info
Company Name | MCM TECHNOLOGIES BERHAD (MESDAQ Market) |
Stock Name | MCMTECH |
Date Announced | 12 Aug 2003 |
Category | General Announcement |
Reference No | CU-030812-43800 |