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We refer to the Kuala Lumpur Stock Exchange's (KLSE) query dated April 7, 2000 on the above captioned matter.
The Directors of Atlan Holdings Bhd. (the Company) have been constantly on the lookout for possible business partners to increase business for the Group. However, nothing has been firmed up at the time of the announcement.
The Directors of the Company are not aware of any other developments or circumstances which might have led to the sharp increase in the price of the Company's shares.
Please be assured that we will inform the KLSE as soon as there is any positive conclusion on the aforesaid discussions.