Contents :
Further to the announcement dated 21 December 2000 on the above-caption, we append the following additional information on the Proposed Acquisition:-
1) The audited profit after taxation of Deseng for the financial year ended 30 June 2000 (being the date of the latest audited accounts) is RM766,347.
2) There are no liabilities to be assumed by SHH Furniture Industries Sdn Bhd ,arising from the Proposed Acquisition.
3) The dates of investment by Gerak Teras Sdn Bhd in Deseng are as follows:
Date of investment No of shares
29 January 1997 1,260,000
6 March 1997 600,000
15 August 1997 1,240,002
4) The date of the sale and purchase agreement for the Proposed Acquisition is 20 December 2000.
Yours faithfully,
for and on behalf of
SHH RESOURCES HOLDINGS BERHAD
DATO' TEO WEE CHENG
Managing Director
Query Letter Contents :
We refer to the announcement dated 21 December 2000 in respect of the aforesaid
matter.
In this connection, kindly furnish the Exchange with the following additional
information for
public release:-
(1) Net profits of Deseng based on the latest audited accounts.
(2) Particulars of all liabilities to be assumed by SHH Furniture Industries
Sdn Bhd, arising
from the Proposed Acquisition.
(3) The date of investment by Gerak Teras Sdn Bhd in Deseng.
(4) The date of the sale and purchase agreement in respect of the Proposed
Acquisition.
Kindly furnish the Exchange with your reply within two (2) market days from the
date hereof.
Yours faithfully,
Chong Fui Tzy
Manager, Listing Operations
HTH/TFM