BURSA ANNOUNCEMENTS

Contents :

We refer to Exchange's letter dated 30 October 2003 on unusual market activity.

Pursuant to Paragraph 9.11 of the Listing Requirements, the Board of Directors wishes to advise that:-

1. There is no material development in the Company's business and affairs not previously disclosed;

2. Save for the changes in the substantial shareholders' interests which have been announced accordingly (Ref. No. TE-031009-62317, TE-031010-63623, TE-031028-66164, TE-031028-66662, TE-031029-64511), it has no knowledge and has not been notified of any impending change in the major shareholders of the Company.

3. To the best of its knowledge, there is no other reason to account for the unusual market action.

Nevertheless, the Board wishes to add that the Company is continously exploring for new activities and businesses and those related to its core activities and will make the necessary announcement to the Exchange should these fall within the ambit of Chapter 9 of the Listing Requirements of the Exchange.

Query Letter Contents :

We draw your attention to the sharp increase in price and high volume in your
Company’s shares recently.
In accordance with paragraph 9.11 of the Exchange’s Corporate Disclosure Policy
on Response To Unusual Market Activity, you are requested to furnish the
Exchange with an announcement for public release after a due enquiry seeking
the cause of the unusual market activity in the Company’s securities. When
considering your response and when making the required announcement, your
attention is particularly drawn to the continuing disclosure requirements set
out in Chapter 9 of the KLSE’s Listing Requirements.
The announcement is to reach the Exchange immediately today via KLSE Listing
Information Network (“KLSE Link”).

Yours faithfully



CH'NG BOON HUAT
Development and Sector Head
Listing Compliance
/naz