Contents :
We refer to the Exchange's query letter dated 24th October, 2000 and we furnish herewith the following additional information pertaining to the public annoucement on 20th October, 2000:-
1. The initial issued and paid-up share capital of Petra-Ipedex JV Sdn. Bhd. ("Petra-Ipedex") will be RM100,000.00.
2. Petra Resources Sdn. Bhd.'s eventual capital outlay in the Petra-Ipedex joint venture will be determined upon the award of a major contract(s) and we will advise accordingly in due course.
3. None of the directors and substantial shareholders and persons connected with a director or substantial shareholder have any interest, direct or indirect, in the joint venture.
For and on behalf of
Petra Perdana Berhad,
Y.M. TENGKU DATO' IBRAHIM PETRA
BIN TENGKU INDRA PETRA
Executive Chairman and Chief Executive
Query Letter Contents :
We refer to your Company's announcement dated 20 October 2000, in respect of
the aforesaid matter.
In this connection, kindly furnish the Exchange with the following additional
information for public release:-
(1) The eventual issued and paid-up share capital of the joint-venture company
("JVC").
(2) Petra Resources Sdn Bhd's eventual capital outlay in the JVC.
(3) Whether the directors and substantial shareholders and persons connected
with a director or substantial shareholder have any interest, direct or
indirect, in the joint-venture, the nature and the extent of their interests,
and for a connected person, the nature of the relationship with such director
or substantial shareholder, and the name of the connected person.
Please furnish the Exchange with your reply within two (2) market days from the
date hereof.
Yours faithfully
TAN YEW ENG
Senior Manager, Listing Operations
TYE/LMN
Copy to: Securities Commission (via fax)