Company Announcements

Date : 07 July 2000

Proposed Disposal of 30,160 ordinary shares of RM100.00 each in Ho Wah Genting Tuaran Transport Sdn Bhd ("HWGTT") and 10,022 ordinary shares of RM100.00 each in The Luen Thung Tanjong Aru Transport Company Sdn Berhad ("LTTAT")

HO WAH GENTING BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDKA-000706-58632
SubjectProposed Disposal of 30,160 ordinary shares of RM100.00 each in Ho Wah Genting Tuaran Transport Sdn Bhd ("HWGTT") and 10,022 ordinary shares of RM100.00 each in The Luen Thung Tanjong Aru Transport Company Sdn Berhad ("LTTAT")

Contents :

We refer to your letter dated 6 July 2000 and furnish herewith the following additional information requested for public release:-


1. Based on the audited accounts of HWGTT and LTTAT for the year ended 31 December 1999, the companies posed a net loss after tax and minority interest of RM1,161,459 and RM687,102 respectively. The result of LTTAT had consolidated the accounts of its subsidiary, Kinabalu Transport Company Sdn Berhad.

2. The conditional Sale of Shares Agreement dated 5 July 2000 made between Ho Wah Genting Transport Sdn Bhd and Regateam Holdings Sdn Bhd may be inspected at Wisma Ho Wah Genting, No. 35, Jalan Maharajalela, 50150 Kuala Lumpur during the Company's office hour from 8.30 a.m. to 5.30 p.m. from Monday to Friday.

3. No liabilities are to be assumed by the Purchaser arising from the disposal of HWGTT and LTTAT.

Query Letter Contents :

We refer to your announcement dated 5 July 2000, in respect of the aforesaid
matter.
In this connection, kindly furnish the Exchange immediately with the following
additional information for public release :
1. The net profit of HWGTT and LTTAT (on consolidated basis, if applicable) as
per their latest audited accounts.
2. The time and place where the conditional Sale of Shares Agreement may be
inspected.
3. Particulars of all liabilities to be assumed by the purchaser arising from
the Disposals.
Kindly furnish the Exchange with your reply within two (2) market days from the
date hereof.

Yours faithfully
KUALA LUMPUR STOCK EXCHANGE


TAN YEW ENG
Senior Manager, Listing Operations
TYE/KRISH



Announcement Info

Company NameHO WAH GENTING BERHAD  
Stock Name HWGB    
Date Announced7 Jul 2000  
CategoryGeneral Announcement
Reference NoHW-000707-9113

Back

Copyright © 2019 Latitude Tree Holdings Berhad(302829-W) | All Right Reserved | Terms of Website Use

Disclaimer: Inaccuracies may sometimes arise in the provision of the information shown. IRChartNexus Sdn. Bhd., its subsidiaries or partners accept no liability from any loss that may arise from the use of the information.

Designed by: