Date : 17 October 2006

ARTICLE ENTITLED: 'DECISION ON SUBMARINE CABLES SOON"

MALAYSIAN RESOURCES CORPORATION BERHAD

Type

Reply to query
Reply to Bursa Malaysia's Query Letter - Reference IDMM-061016-53307
SubjectARTICLE ENTITLED: 'DECISION ON SUBMARINE CABLES SOON"

Contents :

We refer to your letter dated 16 October 2006 in relation to the article entitled “Decision on submarine cables soon” which appeared in The Star on Saturday, 14 October 2006 and wish to inform that Malaysian Resources Corporation Berhad (“MRCB”) is not at present a member of any consortium that had been awarded the submarine cables contract linking Bakun Dam in Sarawak with Peninsular Malaysia.


MRCB will make appropriate and timely announcement to Bursa Securities as and when there are matters which require immediate announcement in accordance with the Exchange's Corporate Disclosure Policy.


    c.c. Securities Commission

    Query Letter Contents :

    We refer to the above article appearing in The Star, Bizweek section, page BW3
    on Saturday, 14 Ocotber 2006, a copy of which is enclosed for your reference.
    In particular, we would like to draw your attention to the following sentence:-
    "consortium led by Malaysian Resources Corp Bhd (MRCB), Sime Darby Bhd, Real
    Mild Sdn Bhd and the Employees Providend Fund (EPF) have emerged as the front
    runners to ink the massive RM15 bil submarine cable contract linking the Bakun
    Dam in Sarawak with Peninsular Malaysia..."
    In accordance with Bursa Securities' Corporate Disclosure Policy, you are
    requested to furnish Bursa Securities with an announcement for public release
    confirming or denying the above reported article and in particular the above
    sentence after due and diligent enquiry with all the directors, major
    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 Bursa Securities with your reply within one (1) market day from
    the date hereof.
    Yours faithfully


    CHONG FUI TZY
    Head, Issuers
    Listing Division
    Group Regulations
    HTH/MZM
    c.c. Mr. Chun Tin Fah, Securities Commission (via fax)



    Announcement Info

    Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
    Stock Name MRCB    
    Date Announced17 Oct 2006  
    CategoryGeneral Announcement
    Reference NoMR-061017-61141