Bursa Announcements

Date : 23 March 2001

ARTICLE ENTITLED : "ILB expects 20% rise in pre-tax profit"

INTEGRATED LOGISTICS BHD

TypeReply to query
Reply to Query Letter by KLSE reference IDCY-010322-39791
SubjectARTICLE ENTITLED : "ILB expects 20% rise in pre-tax profit"

Contents :

We refer to your letter dated 22 March 2001 and wish to confirm that, in view of the higher warehouse occupancy rate experienced by the Group, the management expects pre-tax profits to increase by approximately 20% as compared to the previous financial year.


However, this is subject to the prevailing Malaysian, regional and world economic, political and financial conditions that may directly or indirectly affect the performance of the Group remaining stable.

Query Letter Contents :

We refer to the above news article appearing in The Sun, SunBiz, page 4, on
Thursday, 22 March 2001, 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:-
(1) "... Integrated Logistics Bhd (ILB) is expecting a 20% increase in pre-tax
profit from RM9.7 million last year to RM12 million this year."
(2) "Turnover is also expected to increase 10% to RM144 million this year."
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,
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 sentences 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 sentences
or any other part of the above reported article, you are required to set forth
facts sufficient to support the same, including the relevant basis and
assumptions in arriving at the above forecast.
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/CY
Copy to Securities Commission (via fax)



Announcement Info

Company NameINTEGRATED LOGISTICS BHD  
Stock Name ILB    
Date Announced23 Mar 2001  
CategoryGeneral Announcement
Reference NoIL-010323-43946

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