Announcements

Date : 21 January 2000

UNUSUAL MARKET ACTION

RENONG BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDKLSE/FRS/UMA.00/12
SubjectUNUSUAL MARKET ACTION

Contents :

We refer to your fax dated 20 January 2000 and wish to advise as follows:-


1. there is no material development in our Company's business and affairs not previously disclosed.
2. there is no impending change in the major shareholders.
3. we do not know of any other reasons to account for the unusual market action.

We also confirm that none of the situations/events listed in your aforesaid fax contribute to the unusual market activites in our Company's shares.

We believe that the increased market interest is in line with the recent general bullish market sentiment on the Kuala Lumpur Stock Exchange and the positive reaction of investors to the enhanced value of our quoted investments pursuant to the improved market prices.

We will inform the Exchange if we become aware of any rumour and report (whether true or false) which contain information which is likely to have an effect on the trading of our Company's securities.

c..c Securities Commission



Announcement Info

Company NameRENONG BERHAD  
Stock Name RENONG    
Date Announced21 Jan 2000  
CategoryGeneral Announcement
Reference NoCU-000121-35482

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