Date : 08 May 2000

ARTICLE ENTITLED:K&N Kenanga eyes MBF Northern, Taiping

K & N KENANGA HOLDINGS BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDMM-000508-40880
SubjectARTICLE ENTITLED:K&N Kenanga eyes MBF Northern, Taiping

Contents :

We refer to your letter with regard to the article on acquiring MBF Northern, Taiping that appeared on The Sun Paper Page 1 of Sun Biz Section.


We wish to confirm that we did not make any statement on the above matter to the press.

As you are aware, brokers have been invited to make a tender for the abovementioned companies and we have not made any decision on this matter yet.

Thank you


Yours faithfully,
K&N KENANGA HOLDINGS BERHAD


……………………………………………………
TENGKU DATO’ PADUKA NOOR ZAKIAH
MANAGING DIRECTOR


cc Issues & Investment Division
Securities Commission
Attn: Puan Nyonya Yahya, Acting General Manager.

Query Letter Contents :

We refer to the above article appearing in The Sun, page 1 of Sun Biz Section,
on 8 May 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:-
"Stockbroking-based K&N Kenanga Bhd is likely to make a strong bid for MBf
Northern Securities Sdn Bhd and Taiping Securities Sdn Bhd, now under the
management of Pengurusan Danaharta Nasional Bhd."

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
KUALA LUMPUR STOCK EXCHANGE


Chong Fui Tzy
Manager, Listing Operations
ASL/MZM
c.c. Securities Commission



Announcement Info

Company NameK & N KENANGA HOLDINGS BERHAD  
Stock Name KENANGA    
Date Announced8 May 2000  
CategoryGeneral Announcement
Reference NoK&-000508-63578