Announcements

Date : 31 March 2000

ARTICLE ENTITLED: "MTC +32%; Listing Sale Talk"

MALAYSIAN TOBACCO COMPANY BHD

TypeReply to query
Reply to Query Letter by KLSE reference IDPL-000329-40421
SubjectARTICLE ENTITLED:
"MTC +32%; Listing Sale Talk"

Contents :

We refer to the Bloomberg article published on 29 March 2000 entitled "MTC +32%; Listing Sale Talk", and to the underlined sentences, which state that "Talk Tuesday centers on the possibility of conglomerate Renong Bhd. injecting a business into Malaysian Tobacco,................".


Not only was this statement not made by Malaysian Tobacco Company Berhad (MTC) - it is also inaccurate.

MTC Berhad confirms that this is purely speculation, and that the details of the assets to be injected are contained in the General Announcement dated March 29, 2000 submitted by Arab-Malaysian Merchant Bank Berhad.

Query Letter Contents :

We refer to the above article appearing in Bloomberg, on 29 March 2000, 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:-
"Talk Tuesday centers on the possibility of conglomerate Renong Bhd. injecting
a business into Malaysian Tobacco, ..."
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 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
KUALA LUMPUR STOCK EXCHANGE


Chong Fui Tzy
Manager, Listing Operations
ASL/TPL
c.c. Securities Commission



Announcement Info

Company NameMALAYSIAN TOBACCO COMPANY BHD  
Stock Name MTC    
Date Announced31 Mar 2000  
CategoryGeneral Announcement
Reference NoMT-000331-81355

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