NOTICE 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 Name | HOTLINE FURNITURE BERHAD |
| Stock Name | HOTLINE
|
| Date Announced | 6 Jan 2003 |
| Category | General Announcement |
| Reference No | KK-030106-64795 |
