Date : 23 April 2004

TIMBERWELL BERHAD UNUSUAL MARKET ACTION

TIMBERWELL BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDNA-040422-71168
SubjectTIMBERWELL BERHAD
UNUSUAL MARKET ACTION

Contents :

The Company refers to the Exchange's letter dated 22 April 2004 and wishes to advise that:


1) There is no material development in the Company's business and affairs not previously disclosed to the Exchange;

2) The Company is not aware of any impending change in the major shareholders;

3) The Company has no knowledge of any other reasons to account for the unusual market action; and

4) None of the situation events as Paragraph 9.03, 9.04 and 9.07 of the Bursa Malaysia Securities Berhad's Listing Requirements has contributed to the unusual action activities in the Company shares.

This announcement is dated 23 April 2004.

Query Letter Content:

We draw your attention to the sharp increase in price and high trading volume in your Company's shares recently.

In accordance with paragraph 9.11 of the Bursa Malaysia Securities Berhad's (formerly known as Malaysia Securities Exchagne Berhad) Corporate Disclosure Policy on Response To Unusual Market Activity, you are required to make an announcement for public release after a due enquiry seeking the cause of the unusual market activity in the Company's securities. When considering your response and when making the required announcement, your attention is particulary drawn to the continuing disclosure requirements set out in Chapter 9 of the Listing Requirements of Bursa Malaysia Securities Berhad.

The announcement is to reach the Exchange within one (1) market day from the date hereof via KLSE Listing Information Network ("KLSE Link").

Query Letter Contents :

We draw your attention to the sharp increase in price and high trading volume
in your Company’s shares recently.

In accordance with paragraph 9.11 of the Bursa Malaysia Securities Berhad's
(formerly known as Malaysia Securities Exchange Berhad) Corporate Disclosure
Policy on Response To Unusual Market Activity, you are requested to make an
announcement for public release after a due enquiry seeking the cause of the
unusual market activity in the Company’s securities. When considering your
response and when making the required announcement, your attention is
particularly drawn to the continuing disclosure requirements set out in Chapter
9 of the Listing Requirements of Bursa Malaysia Securities Berhad.

The announcement is to reach the Exchange within one (1) market day from the
date hereof via KLSE Listing Information Network (“KLSE Link”).


Yours faithfully



CH'NG BOON HUAT
Development & Sector Head
Listing Compliance
Group Regulations

CBH/jy



Announcement Info

Company NameTIMBERWELL BERHAD  
Stock Name TIMWELL    
Date Announced23 Apr 2004  
CategoryGeneral Announcement
Reference NoTT-040423-37882