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Date : 07 February 2001

ARTICLE ENTITLED: "Phileo's shares gain on renewed interest"

PHILEO ALLIED BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDPL-010207-39456
SubjectARTICLE ENTITLED:
"Phileo's shares gain on renewed interest"

Contents :

We refer to your fax of 7 February 2001.


We wish to inform the Exchange that after due enquiry we are unaware of any reverse takeover or negotiations including the injection of the Splash consortium, Astro or any other assets as reported in the Business Times on Wednesday, 7 February 2001.

Query Letter Contents :

We refer to the above news article appearing in Business Times, pages 1 & 15,
on Wednesday, 7 February 2001, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentences
which are reproduced as follows:-
"... the company may have to consider a reverse takeover for its listing on
the Kuala Lumpur Stock Exchange (KLSE) to continue."
"There's some talk of the Splash consortium coming in, and some of Astro being
injected."
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 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
article, 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 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


CHONG FUI TZY
Manager, Listing Operations
YYT/HTH/TPL
c.c. Securities Commission (via fax)



Announcement Info

Company NamePHILEO ALLIED BERHAD  
Stock Name PHILEO    
Date Announced7 Feb 2001  
CategoryGeneral Announcement
Reference NoPA-010207-60487

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