Announcements

Date : 14 May 2004

Article Entitled: "ACPI to take over IJM"

IJM CORPORATION BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDKM-040505-52705
SubjectArticle Entitled: "ACPI to take over IJM"

Contents :

Further to our announcement on 6 May 2004, Employees Provident Fund Board has confirmed being approached and interest expressed to acquire the Fund's shareholdings in the Company. Amanah Raya Nominees (Tempatan) Sdn Bhd-Skim Amanah Saham Bumiputera, however, has confirmed no knowledge of the issues discussed in the article.

This announcement is also available for reference at http://www.ijm.com.

Query Letter Contents :


We refer to the above article appearing in The Edge, page 1 on Monday, 3 May
2004, 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:-
"ACP Industries Bhd (ACPI)...is proposing to acquire a substantial stake in IJM
Corp Bhd from a group of institutional shareholders in the company."
"....ACPI will likely pay the institutional shareholders a combination of
shares and cash for its stake in IJM."
"Subsequently, ACPI will likely undertake a voluntary general offer for the
remaining shares in IJM to be paid through a combination of ACPI shares and
cash on the same terms."
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,
major 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 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 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


WAN RAHIEL HJ WAN RAMLI
Manager
Issues & Listing
Group Regulations
CKM
Copy to : Securities Commission (via fax)


Announcement Info

Company NameIJM CORPORATION BERHAD  
Stock Name IJM    
Date Announced14 May 2004  
CategoryGeneral Announcement
Reference NoIC-040514-4C292

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