Contents :
We refer to your fax transmission dated 18.10.2000 on the above.
The Company wishes to announce that it is not in any discussion with any party concerning the matter mentioned in the above article and does not intend to venture into the property market.
Query Letter Contents :
We refer to the above news article appearing on page C3 of Nanyang Business
Section, Nanyang Siang Pau, on Wednesday, 18 October 2000, a copy of which is
enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentence
which talks of the possible injection of the property project "Vision City" by
Rashid Hussain Berhad into Chemical Company of Malaysia Berhad.
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
KUALA LUMPUR STOCK EXCHANGE
LISA LAM
Senior Manager, Listing Operations
LL/ASL/SW
c.c. Securities Commision
