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Date : 06 February 2001

Article entitled : "CIH's KFC deal awaiting approval"

KFC HOLDINGS (MALAYSIA) BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDCY-010205-58276
SubjectArticle entitled : "CIH's KFC deal awaiting approval"

Contents :

We refer to your query letter dated 5 February 2001 in respect of the above article appearing in the New Straits Times , Business Section, Page 24, on Monday, 5 February 2001, in particular the following sentence:-


“For the next five years, he projects the figure to touch RM2 billion.”

Our Executive Deputy Chairman wishes to clarify that the aforementioned sentence is not a quote in ad verbatim but partly a reply to one of the many discussion topics raised during an informal lunch by the reporter concerned on, inter alia, the longer term expectation of the Group in achieving a turnover touching RM2 billion. The statement may have been taken out of context and has omitted the qualifications and provisos attached thereto vis-à-vis the continuing business growth achieved to date on the back of an improving economy coupled with the realisation of the various business expansion plans to possibly attain the said turnover in the next five years.

We trust the above clarify matters and wish to apologise for any confusion that may have arisen from the sentence.

Query Letter Contents :

We refer to the above news article appearing in New Straits Times, Business
Section, page 24, on Monday, 5 February 2001, 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:-
"For the next five years, he projects the figure to touch RM2 billion."
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, including the relevant basis and
assumptions in arriving at the above forecast.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.

Yours faithfully


LISA LAM
Senior Manager
Listing Operations
LL/YYT/CY
Copy to Securities Commission (via fax)



Announcement Info

Company NameKFC HOLDINGS (MALAYSIA) BERHAD  
Stock Name KFC    
Date Announced6 Feb 2001  
CategoryGeneral Announcement
Reference NoKH-010205-64556

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