Date : 02 February 2000

ARTICLE ENTITLED: "Malaysian Stocks Fall; Unisem, Sime Decline on Rate Concerns

THE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDIJ-000131-45162
SubjectARTICLE ENTITLED:
"Malaysian Stocks Fall; Unisem, Sime Decline on Rate Concerns

Contents :

In respect of the abovementioned article, The New Straits Times Press (Malaysia) Berhad (NSTP) has no such knowledge of the corporate exercise as alleged by Bloomberg in its article dated 31 January 2000.

Query Letter Contents :

We refer to the above news article appearing in Bloomberg on Monday, 31 January
2000, 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 Resources Corp. fell 6 sen, or 1.8 percent, to an eight-day low of
3.22 ringgit, as the construction company must sell shares in its New Straits
Times Bhd. unit by Monday and raise at least 260 million ringgit ($68 million)
to persuade creditors to grant it more time to repay its debt."
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 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 reported sentence, you
are required to set forth facts sufficient to clarify any misleading aspects of
the same. In the event you confirm the above reported sentence, 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
KUALA LUMPUR STOCK EXCHANGE


Inderjit Singh
Senior Manager, Listing Operations
SA/IJO
c.c. Securities Commission



Announcement Info

Company NameTHE NEW STRAITS TIMES PRESS (MALAYSIA) BERHAD  
Stock Name NSTP    
Date Announced2 Feb 2000  
CategoryGeneral Announcement
Reference NoCU-000202-61335