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Date : 06 June 2001

ARTICLE ENTITLED: "HONG LEONG GROUP TO REVAMP?"

HONG LEONG INDUSTRIES BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDMM-010605-44265
SubjectARTICLE ENTITLED: "HONG LEONG GROUP TO REVAMP?"

Contents :

Your query dated 5 June 2001 on the above matter refers.


The Company writes to advise that it is not currently engaged in any negotiation with Hume Industries (Malaysia) Berhad to acquire its entire stake in O.Y.L. Industries Bhd.


This announcement is dated 6 June 2001.

Query Letter Contents :

We refer to the above article appearing in The Edge, on Monday, 4 June 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:-
"The speculation is that Hume will likely sell its entire stake in OYL
Industries to Hong Leong Industries (HLI), thus streamlining all its
foreign-currency income earners under one umbrella."

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


CHONG FUI TZY
Manager, Listing Operations
ASL/MZM
c.c. Securities Commission (via fax)



Announcement Info

Company NameHONG LEONG INDUSTRIES BERHAD  
Stock Name HLIND    
Date Announced6 Jun 2001  
CategoryGeneral Announcement
Reference NoHI-010606-60560

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