Company Announcements

Date : 22 December 2000

MEASUREX CORPORATION BERHAD (“MCB” OR “COMPANY”) PROPOSED ACQUISITION BY MCB OF 10,200,000 SHARES OF RM1.00 EACH IN TONGKAH ELECTRONICS SDN BHD (“TESB”) REPRESENTING 51% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TESB FROM TONGKAH HOLDINGS BERHAD (“PROPOSED ACQUISITION”)

MEASUREX CORPORATION BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDPY-001219-59989
SubjectMEASUREX CORPORATION BERHAD (“MCB” OR “COMPANY”)

PROPOSED ACQUISITION BY MCB OF 10,200,000 SHARES OF RM1.00 EACH IN TONGKAH ELECTRONICS SDN BHD (“TESB”) REPRESENTING 51% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF TESB FROM TONGKAH HOLDINGS BERHAD (“PROPOSED ACQUISITION”)

Contents :

We refer to the announcement made by Arab-Malaysian Merchant Bank Berhad on behalf of MCB on 15 December 2000 and the queries by the Kuala Lumpur Stock Exchange dated 20 December 2000. On behalf of MCB, we wish to furnish the following additional information in relation to the Proposed Acquisition:-


1. MCB will not assume any liabilities arising from the Proposed Acquisition.

    2. Upon completion, the Proposed Acquisition (expected in year 2001) is expected to contribute positively to the earnings of the MCB Group for the financial year ending 31 December 2001 and thereafter.

    3. The Proposed Acquisition is not subject to the approval of the shareholders of MCB.

    This announcement is dated 22 December 2000.

    Query Letter Contents :

    We refer to your announcement dated 15 December 2000 in respect of the
    aforesaid matter.
    In this connection, kindly furnish the Exchange with the following additional
    information for public release :-
    (1) Particulars of all liabilities to be assumed by MCB arising from the
    Proposed Acquisition .
    (2) Effect of the Proposed Acquisition on the earnings per share of MCB Group
    for the financial year ending 31 December 2001.
    (3) Whether the Proposed Acquisition is subject to the approval of
    shareholders.

    Kindly furnish the Exchange with your reply within two (2) market days from the
    date hereof.

    Yours faithfully

    TAN YEW ENG
    Senior Manager, Listing Operations
    LPY/zm
    copy to :- Securities Commission (via fax)



    Announcement Info

    Company NameMEASUREX CORPORATION BERHAD  
    Stock Name MESUREX    
    Date Announced22 Dec 2000  
    CategoryGeneral Announcement
    Reference NoMM-001222-63970

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