Contents :

We refer to your letter dated 27 October 2000 and are pleased to furnish the following additional information for public release:-

1. The Company shall inform KLSE upon receiving confirmation from the vendors on their original cost of investment in GBRSB and the date of their investment.

2. The Resort Property owned by GBRSB has been valued at RM16.5 million on 15 July 2000 by Messrs. Stocker Roberts & Gupta, an independent registered valuer.

3. Following the Proposed Acquisition, TRB had also entered into a Settlement Agreement on 17 October 2000 with GBRSB and the vendors on the liabilities of GBRSB as at 30 September 2000. Details of the liabilities are as follows:-

	RM
Current liabilities	1,079,502
Credit Facilities	2,689,557
Amount owing to the Vendors	7,761,832
Total:	11,530,891

In the Settlement Agreement, the vendors have agreed to assume the settlement of these liabilities with the creditors of GBRSB. In consideration thereto, TRB shall pay to the vendors in monthly installments over a period of 37 months on these liabilities that will be settled directly by the vendors amounting to approximately RM11.53 million. These liabilities are subject to adjustments arising from the due diligence exercise to be carried out on GBRSB.

4. The Sale and Purchase Agreement, the Settlement Agreement and the Valuation Report on the Resort Property are available for inspection at the Company’s registered office at Jalan Desa, Bandar Country Homes, 48000 Rawang, Selangor, Mondays to Fridays between 9.00 a.m. to 5.00 p.m. for a period of two weeks from the date hereof.

Query Letter Contents :

We refer to your announcement dated 18 October 2000.
In this connection, kindly furnish the Exchange with the following addtional
information for public release:-
1) The original cost of investment in GBRSB to the vendors and the date of
investment.
2) Whether any valuation was carried out on the Resort Property. If so, to
state the name of the
independent registered valuer, date of valuation and quantification of
market value.
3) Particulars of liabilities to be assumed by your Company, if any, arising
from the Proposed
Acquisition.
4) The time and place where the Sale and Purchase Agreement and valuation
report, if any,
may be inspected.
Kindly furnish the Exchange with your reply within two (2) market days from the
date hereof.

Yours faithfully


Inderjit Singh
Senior Manager
Listing Operations
IS/CMJ