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We refer to your letter dated 2 February 2000 pertaining to the above and wish to advise that the Board of Directors are not aware of any rumours or other conditions that might have caused unusual share price movement on Grand United Holdings Berhad.
There is no material development in our Company's business and affairs which has not been disclosed previously to the Exchange.
The Board of Directors do not have any knowledge or reasons to account for the unusual share market situation.
Thank you.