Contents :
Your ref: KLSE/FRS/PLCs.C15(1)
12th April 2000
The Senior Vice President and Vice President
Financial Review & Surveillance, Listing Group
KUALA LUMPUR STOCK EXCHANGE
9th Floor, Exchange Square
Bukit Kewangan
50200, Kuala Lumpur
Attention: Mr. Tan Chun Weng
Mr. Ch’ng Boon Huat
Dear Sirs,
RE: ARTICLE ENTITLED: Chuan Huat plans to list IT arm
We refer to your facsimile transmission dated 11th April 2000 and wish to reply as below:
He, … sees Disccomp achieving a turnover of RM100 millions …
We are expecting to increase the computer outlets in the Jusco’s departmental stores throughout the country within the next 2 years after completion of the arrangement with Jusco. We see significant increase in Disccomp’s turnover, besides RM30 millions achieved in the financial year of 1999.
We are expecting the turnover per outlet to be RM3.6 millions and RM4.8 millions, i.e. RM300 thousands per month for the first year and RM400 thousands per month for the second year. Kindly note that we are also expecting the turnover of subsidiaries besides Pineapple Computer Group, to be increased proportionately.
We trust the above explanations are satisfactory.
Thank you.
Yours faithfully,
For and On Behalf of
CHUAN HUAT RESOURCES BERHAD
LIM LOONG HENG
DEPUTY MANAGING DIRECTOR
