Contents :
We refer to your letter dated 20 February 2001 and the above news article appearing in The Star, Business Section, page 3 of the same date.
We write to advise that the underlined sentence as stated in your letter is an interpretation by the newspaper and not a statement by our Managing Director.
We trust this clarifies any ambiguity with regards to the news report.
Query Letter Contents :
We refer to the above news article appearing in The Star, Business Section,
page 3, on Tuesday, 20 February 2001, a copy of which is enclosed for your
reference.
In particular, we would like to draw your attention to the underlined sentence,
which is reproduced as follows:-
"Malaysian Oxygen Bhd (MOX) is confident that its sales and profit will be able
to grow by double digit this year."
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, including the relevant basis and
assumptions in arriving at the above forecast.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully
LISA LAM
Senior Manager
Listing Operations
LL/ASL/CY
Copy to Securities Commission (via fax)
