Contents :We refer to the above said matter and your fax dated 21st August 2000.
We are pleased to inform your good office that at this juncture TNB is in the midst of discussion with Petroliam Nasional (“Petronas”) on the divestment of Paka Power Station. Hence, we could not confirm the statement published in the abovesaid article.
Should you need further clarification, kindly revert to Petronas Gas Berhad (“PGas”) to confirm whether Petronas is using PGas as the vehicle for the purpose of the power station purchase.
Query Letter Contents :
We refer to the above news article appearing in The Sun, Sun Biz, page 1, on
Monday, 21 August 2000, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentence
which is reproduced as follows:-
" Market sources said there is speculation that the vehicle for the power
station purchase could be Petronas Gas Bhd (PGas)."
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 article and in particular the
underlined sentence 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 sentence or any other part of the above reported
article, you are required to set forth facts sufficient to clarify any
misleading aspects of the same. In the event you confirm the above sentence or
any other part of the above reported article, 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
Senior Manager, Listing Operations
c.c. Securities Commission