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Date : 26 June 2000

Article Entitled : Grand Hoover Up On Speculation

GRAND HOOVER BERHAD

TypeReply to query
Reply to Query Letter by KLSE reference IDKM-000623-53043
SubjectArticle Entitled : Grand Hoover Up On Speculation

Contents :

We refer to the above matter and your letter dated 23 June 2000.


On behalf of the Board of Directors, we wish to advise that, upon due enquiry, we are not aware of the reported "Shares of second board-listed construction and building materials company Grand Hoover active on speculation about new projects and change in shareholders".

To our knowledge, there is no material new projects and change in major shareholders.

Query Letter Contents :

We refer to the above news article appearing on Bloomberg on Friday, 23 June
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:-
"Shares of second board-listed construction and building materials company
Grand Hoover (7010) active on speculation about new projects and change in
shareholders."
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
KUALA LUMPUR STOCK EXCHANGE

Inderjit Singh
Senior Manager, Listing Operations
ASL/CKM
cc:Securities Commission



Announcement Info

Company NameGRAND HOOVER BERHAD  
Stock Name HOOVER    
Date Announced26 Jun 2000  
CategoryGeneral Announcement
Reference NoCU-000626-59567

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