EDEN ENTERPRISES (M) BERHAD ("EDEN" OR "COMPANY") UNUSUAL MARKET ACTION - IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("ICULS")
| EDEN ENTERPRISES (M) BERHAD |
|
Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | VC-030313-67455 |
| Subject | EDEN ENTERPRISES (M) BERHAD ("EDEN" OR "COMPANY") UNUSUAL MARKET ACTION - IRREDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("ICULS") |
Contents :
We refer to the letter from Kuala Lumpur Stock Exchange dated 13 March 2003 pertaining to the price of the Company's Irredeemable Convertible Unsecured Loan Stocks (" ICULS" ), which has exceeded the price of the Company's ordinary shares.
We wish to inform the Exchange that save for the notification received by the Company from the substantial ICULS holders of their changes recently, the Company is not aware of :-
| (i) | any other material development in the Company’s business and affairs not previously disclosed; or |
 | |
| (ii) | any other reasons which may account for the unusual market action. |
This announcement is dated 14 March 2003.
Query Letter Contents :
We draw your attention to the price of your Company's ICULS which has exceeded
the price of your company's ordinary shares recently.
In accordance with paragraph 9.11 of the Exchange’s Corporate Disclosure Policy
on Response To Unusual Market Activity, you are requested to furnish the
Exchange with an announcement for public release after a due enquiry seeking
the cause of the unusual market activity in the Company’s ICULS. When
considering your response and when making the required announcement, your
attention is particularly drawn to the continuing disclosure requirements set
out in Chapter 9 of the KLSE’s Listing Requirements.
The announcement is to reach the Exchange within one market day from the date
hereof via KLSE Listing Information Network ("KLSE Link").
Yours faithfully
CH'NG BOON HUAT
Vice President,
Financial Review & Surveillance
Listing Group
WT/ss
Announcement Info
| Company Name | EDEN ENTERPRISES (M) BERHAD |
| Stock Name | EDEN |
| Date Announced | 14 Mar 2003 |
| Category | General Announcement |
| Reference No | CS-030314-37109 |
