We refer to your fax dated 12 December 2000 on the news article appearing on Bloomberg on 12 December 2000 and wish to inform you that MRCB has received a proposal from Simpletech Sdn Bhd indicating its interest to acquire a stake in TV3.
At this juncture, we are unable to provide any details until and when the terms are resolved and finalised.
We assure you that the Company will make the appropriate and timely announcement to Kuala Lumpur Stock Exchange as and when there are matters which require immediate announcement in accordance with the Exchange's Corporate Disclosure Policy
Query Letter Contents :
We refer to the above news article appearing on Bloomberg, on Tuesday, 12
December 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:-
"... Ibrahim may buy 30 percent of TV3 from its parent Malaysian Resources
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 (via fax)