Contents :
We refer to your letter dated 7 December 2000 on the above article which appeared in the Business Times of even date.
Please be informed that the Company is in the process of finalizing the agreement with the Government in respect of the sale of its 29.09% stake in Malaysia Airlines System Berhad.
Query Letter Contents :
We refer to the above news article appearing in Business Times, pages 1 & 24,
on Thursday, 7 December 2000.
In particular, we would like to draw your attention to the following sentence
which is reproduced as follows:-
"THE sale of Naluri Bhd's 29.09 per cent stake in Malaysian Airline System Bhd
(MAS) to the Government is a done deal, says MAS chairman Tan Sri Tajudin
Ramli."
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 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.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully
KUALA LUMPUR STOCK EXCHANGE
LISA LAM
Senior Manager, Listing Operations
LL/ASL/ZOOS
c.c. Securities Commission (via fax)