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BURSA ANNOUNCEMENTS

Date : 11 May 2001

VARIANCE BETWEEN AUDITED AND UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000

TAIPING SUPER BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDNS-010504-67354
SubjectVARIANCE BETWEEN AUDITED AND UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2000

Contents :

We refer to your letter of 10 May 2001, our audited accounts for the year ended 31 December 2000 duly submitted to the Exchange and our announcement in respect of the 4th quarter results ended 31 December 2000 made on 31 March 2001.


As noted, the audited loss after tax as per the audited accounts of RM 1,449,484 varies from the unaudited loss after tax of RM 1,679,000 as per the said announcement, by some RM229,000.

We are pleased to advice that the variation was principally in respect of the following audit adjustments made during the course of audit: -

RM’000
Adjustments that have reduced the loss
Over provision of diminution in value of associated company
316
Over provision of taxation
55
-------
371
The counter effect adjustment
Adjustments on interest expense
147
------
224
====

The management had ensured the result to have prudently accounted for all possible accruals.

Query Letter Contents :

We refer to your Company's Annual Audited Accounts 2000 received on 30 April
2001.
We note that the group's loss after taxation for the year ended 31 December
2000 amounts to RM1,449,484.
However, your Company's announcement of unaudited results dated 31 March 2001
showed a consolidated loss after taxation of RM1,679,000 for the abovementioned
financial year.
In accordance with the Exchange's Listing Requirements, kindly furnish the
Exchange immediately with your detailed explanation of the above difference for
public release.

Yours faithfully


TAN YEW ENG
Senior Manager, Listing Operations
MBP/nz



Announcement Info

Company NameTAIPING SUPER BERHAD  
Stock Name TSUPER    
Date Announced11 May 2001  
CategoryGeneral Announcement
Reference NoTS-010511-60584

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