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Bursa Announcements

Date : 03 December 2003

EDEN ENTERPRISES (M) BERHAD ("EDEN" OR "COMPANY") ARTICLE ENTITLED: "EDEN SHAREHOLDER EYEING OIL AND GAS"

EDEN ENTERPRISES (M) BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDNS-031202-40276
SubjectEDEN ENTERPRISES (M) BERHAD ("EDEN" OR "COMPANY")
ARTICLE ENTITLED: "EDEN SHAREHOLDER EYEING OIL AND GAS"

Contents :

We refer to the letter from the Kuala Lumpur Stock Exchange dated 2 December 2003 pertaining to the article appearing in The Star, StarBiz, Page 3, on Tuesday, 2 December 2003.


After due and diligent enquiry with Zil Enterprise Sdn Bhd (“Zil”, being a substantial shareholder of Eden Enterprises (M) Berhad), the Board of Directors understand that Zil has not, to date, made any decision to “inject the proposed joint-venture oil refinery into Eden”. The Board of Directors further confirms that, to date, it has not received any offer from Zil or any other relevant parties of such intention to inject the project into Eden, nor has the Company and Zil or such relevant other parties commenced any negotiations towards that effect. However, if such offer is received by the Company, an appropriate announcement would be released to the Exchange in compliance with the relevant regulations/laws.

Query Letter Contents :

We refer to the above news article appearing in The Star, StarBiz, Page 3, on
Tuesday, 2 December 2003, 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:-
"Asked whether he would inject the proposed joint-venture oil refinery into
Eden should the deal materialise, he said: "It's quite a natural thing"."
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 article and in particular the underlined
sentence after due and diligent enquiry with all the directors, major
shareholders and all such persons reasonably familiar with the matter 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

Tan Yew Eng
Sector Head, Issues & Listing
TYE/NZ
copy to:- Securities Commission (via fax)



Announcement Info

Company NameEDEN ENTERPRISES (M) BERHAD  
Stock Name EDEN    
Date Announced3 Dec 2003  
CategoryGeneral Announcement
Reference NoCS-031203-7939B

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