BURSA ANNOUNCEMENTS

Date : 25 January 2000

ARTICLE ENTITLED: "Halim injects new life into the Renong group"

COMMERCE ASSET-HOLDING BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDIJ-000124-57439
SubjectARTICLE ENTITLED:
"Halim injects new life into the Renong group"

Contents :

Upon inquiry the company is informed that Renong Bhd is not currently in discussion or negotiation with any party regarding the divestment of its interests in CAHB.

Query Letter Contents :

We refer to the above article appearing in The Star, Business Section, page 1,
Monday, January 2000, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-

"...Tan Sri Halim Saad is planning...to divest Renong Bhd's 12.4% stake in
Commerce Asset-Holding Bhd (CAHB)."
""He is also selling Renong's stake in CAHB via a private placement exercise,"
said a source."
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 sentences 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 reported sentences,
you are required to set forth facts sufficient to clarify any misleading
aspects of the same. In the event you confirm the above reported sentences, 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


Lisa Lam
Senior Listing Manager
SA/IJO
c.c. Securities Commission



Announcement Info

Company NameCOMMERCE ASSET-HOLDING BERHAD  
Stock Name COMMERZ    
Date Announced25 Jan 2000  
CategoryGeneral Announcement
Reference NoMM-000125-63622

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