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Date : 03 November 2000

ARTICLE ENTITLED: "Truce in Prime battle? - Rival factions busy working out solution to end dispute"

IDRIS HYDRAULIC (MALAYSIA) BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDPL-001102-39553
SubjectARTICLE ENTITLED: "Truce in Prime battle? - Rival factions busy working out solution to end dispute"

Contents :

As far as the Company is concerned, we are not aware nor have we been informed of any arrangement being worked out. We will revert to the Exchange upon receiving information from the parties involved.

Query Letter Contents :

We refer to the above article appearing in The Sun, Sun Biz section, page 4, on
2 November 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:-
"... lawyers of both the factions are busy working out a solution to end a
dispute that has escalated from the boardroom to the courts."

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
date hereof.

Yours faithfully


CHONG FUI TZY
Manager, Listing Operations
ASL/TPL
c.c. Securities Commission (via fax)



Announcement Info

Company NameIDRIS HYDRAULIC (MALAYSIA) BERHAD  
Stock Name IDRIS    
Date Announced3 Nov 2000  
CategoryGeneral Announcement
Reference NoIH-001103-59222
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