Company Announcements

Date : 06 January 2003

NOTICE OF WINDING-UP PETITION SERVED BY MALAYAN BANKING BERHAD ON HOTLINE DEVELOPMENT SDN. BHD.

HOTLINE FURNITURE BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDMM-030102-59825
SubjectNOTICE OF WINDING-UP PETITION SERVED BY MALAYAN BANKING BERHAD ON HOTLINE DEVELOPMENT SDN. BHD.

Contents :

The Board of Directors of Hotline Furniture Berhad wished to informed the Exchange that, as at to-date, its subsidiary, Hotline Development Sdn Bhd ("HDSB") has yet to receive the notice of winding-up petition, HDSB will make an immediate announcement as and when the winding-up petition is received.

Query Letter Contents :

We refer to the above Notice appearing in The Malay Mail, page 52 on Thursday,
2 January 2003, a copy of which is enclosed for your reference.
In this connection, kindly furnish the Exchange immediately with the following
additional information for public release: -
The date of the presentation of the winding-up petition and the date the
winding-up petition was served on Hotline Development Sdn Bhd;
The particulars of the claim under the petition, including the amount claimed
for under the petition and the interest rate;
The details of the default or circumstances leading to the filing of the
winding-up petition against Hotline Development Sdn Bhd;
The total cost of investment in Hotline Development Sdn Bhd;
The financial and operational impact of the winding-up proceedings on the
group;
The expected losses, if any, arising from the winding-up proceedings; and



7. The steps taken and proposed to be taken by your Company in respect of
the winding-up proceedings.

Yours faithfully

CHONG FUI TZY
Senior Manager, Listing Operations
WSW/HTH/MZM
c.c. Securities Commission (via fax)



Announcement Info

Company NameHOTLINE FURNITURE BERHAD  
Stock Name HOTLINE    
Date Announced6 Jan 2003  
CategoryGeneral Announcement
Reference NoKK-030106-64795

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