Company Announcements

Date : 11 October 2000

ARTICLE ENTITLED "From albums to latex gloves"


TypeReply to query
Reply to Query Letter by KLSE reference IDSW-001010-33652
SubjectARTICLE ENTITLED "From albums to latex gloves"

Contents :

We refer to your letter dated 10 October 2000 regarding a news article entitled "From albums to latex gloves" that appeared in The Edge on Monday, 9 October 2000.

We wish to inform that the Company was not looking for placement to place out any shares at this moment. However, the shareholders of APL Industries Berhad, namely Win Three (M) Sdn. Bhd., Foo Wan Thot & Sons Sdn. Bhd., Pan Malaysian Rubber Sdn. Bhd., Lee Son Hong, Loi Heng Sewn and Chin Choy @ Chin Pak Sin, did place out shares to meet the 25% public share spread before listing.

Query Letter Contents :

We refer to the above news article appearing in The Edge, on Monday, 9 October
2000, 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:-
" ' There is market talk that the company was looking to place out about 10 per
cent to 15 per cent of its shares at about RM1.50 each. This would be a way
for it to raise some funds,'..."

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.

Please furnish the Exchange with your reply within one (1) market day from the
date hereof.

Yours faithfully

Senior Manager, Listing Operations

c.c. Securities Commission

Announcement Info

Stock Name APLI    
Date Announced11 Oct 2000  
CategoryGeneral Announcement
Reference NoC&-001011-4B3F8


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