ARTICLE ENTITLED : "Malaysia's TIME to raise USD842 million in IPO, Issue Bonds (Update 1)
TIME ENGINEERING BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | SW-000126-61857 |
Subject | ARTICLE ENTITLED : "Malaysia's TIME to raise USD842 million in IPO, Issue Bonds (Update 1) |
Contents :
We refer to our announcement dated 25 January 2000 and the Exchange's query letter dated 26 January 2000 on the above.
We are pleased to furnish the Exchange the additional information for public release. Details are set out in the attachment.
Query Letter Contents :
We refer to your announcement dated 25 January 2000 in respect of the aforesaid
matter.
In this connection, kindly furnish the Exchange with the following additional
information for public release with regard to the valuation of
telecommunications business of RM7.0 billion and inclusive of other assets
amounting to RM8.544 billion:-
(1) Details of the telecommunications business and other assets.
(2) Details of the valuation.
(3) Date of valuation.
(4) Basis and assumptions of the valuation.
(5) Net book value as at the latest audited accounts of each of the assets.
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 Manager, Listing Operations
WSW
c.c: Securities Commission
Announcement Info
Company Name | TIME ENGINEERING BERHAD |
Stock Name | TIME |
Date Announced | 28 Jan 2000 |
Category | General Announcement |
Reference No | TE-000128-52736 |