Bursa Announcements
(i) ARTICLE IN THE BUSINESS TIMES ENTITLED: "FlightSafety Boeing hopes to set up centre in KL". (ii) ARTICLE ON BLOOMBERG ENTITLED: "Argentina's Aerolineas Shareholder Meeting Postponed".
| MALAYSIAN AIRLINE SYSTEM BERHAD |
Contents :
We refer to your letter dated 18th September 2000 on the above articles.
Please be informed that discussions on a possible joint venture between the Company and FlightSafety Boeing Training International (FSBTI) are still on-going. The Company shall make the relevant announcement in accordance with the KLSE Main Board Listing Requirements upon finalization of same.
The Company also wishes to inform that it is not in discussion with Aerolineas for a strategic partnership as reported in the said article.
Query Letter Contents :
We refer to the above news articles appearing in the Business Times, page 12,
on Monday, 18 September 2000 and on Bloomberg on Saturday, 16 September 2000, a
copy each is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-
Business Times
"FlightSafety Boeing Training International is in the last lap of its
negotiations with Malaysia Airlines to set up an Asian regional simulator
training centre in Kuala Lumpur. The Company expects to wrap up negotiations in
October."
"Its managing director of flight training operations, Mr Paul Hinton, said
Malaysia Airlines' existing simulator training facility offers the company the
opportunity to form a joint venture instead of coming into the market on its
own."
Bloomberg
" ... at least six international airlines have expressed interest in forming a
strategic partnership with Aerolineas, including ... Malaysian Airlines ..."
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 articles and in particular the
underlined sentences 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 sentences or any other part of the above reported
articles, you are required to set forth facts sufficient to clarify any
misleading aspects of the same. In the event you confirm the above sentences or
any other part of the above reported articles, 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
LISA LAM
Senior Manager, Listing Operations
LL/ASL/ZOOS
c.c. Securities Commission (via fax)
Announcement Info
| Company Name | MALAYSIAN AIRLINE SYSTEM BERHAD |
| Stock Name | MAS |
| Date Announced | 19 Sept 2000 |
| Category | General Announcement |
| Reference No | MA-000919-59452 |
