ARTICLE ENTITLED: "TMT IN MALAYSIA : IT'S NOT BUFFETT"
| SISTEM TELEVISYEN MALAYSIA BERHAD |
| Type | Reply to query |
| Reply to Query Letter by KLSE reference ID | ZO-010102-41264 |
| Subject | ARTICLE ENTITLED: "TMT IN MALAYSIA : IT'S NOT BUFFETT" |
Contents :
Your fax dated 2nd January 2001 refers.
We wish to inform you that TV3 has never offered to any party(ies) its investment in Mega TV for the price of RM1.00 plus debts as reported in the above-mentioned article in The Edge on 25/12/2000.
Query Letter Contents :
We refer to the above news article appearing in The Edge, pages 8, 10, 11 and
14 on Monday, 25 December 2000, 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:-
"The languishing pay-TV company that TV3 was said to have offered for sale for
RM1.00 plus debts ..."
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
LISA LAM
Senior Manager, Listing Operations
LL/ASL/ZOOS
c.c. Securities Commission (via fax)
Announcement Info
| Company Name | SISTEM TELEVISYEN MALAYSIA BERHAD |
| Stock Name | TV3 |
| Date Announced | 3 Jan 2001 |
| Category | General Announcement |
| Reference No | KK-010103-66288 |