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Date : 12 June 2007

ARTICLE ENTITLED: "TIE-UP IN THE OFFERING?"

MALAYSIAN RESOURCES CORPORATION BERHAD

Type

Reply to query
Reply to Bursa Malaysia's Query Letter - Reference IDAL-070611-45979
SubjectARTICLE ENTITLED: "TIE-UP IN THE OFFERING?"

Contents :


We refer to your letter dated 11 June 2007 and to the article which appeared in the Star Bizweek, page BW4 on Saturday, 9 June 2007.

We wish to confirm that we are not aware of the alleged proposal reported by Star Bizweek in its article on 9 June 2007.

We assure Bursa Securities that MRCB will make the appropriate and timely announcement to Bursa Securities as and when there are matters which require immediate announcement in accordance with the Bursa Securities’ Corporate Disclosure Policy.


c.c. Securities Commission

Query Letter Contents :

We refer to the above article appearing in the Star Bizweek, page BW4, on
Saturday, 9 June 2007, 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:-
"Property developer Equine Capital Bhd may see the entry of a new major
shareholder in the form of the Employees Provident Fund (EPF), or a company
controlled by the pension fund - Malaysian Resources Corp Bhd (MRCB)."

" ....MRCB will emerge as the vehicle of choice to buy into Equine Capital and
build the new airport in Penang."

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 in particular the underlined
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 reported sentence or any other part of the article, you are required
to set forth facts sufficient to clarify any misleading aspects of the same. In
the event you confirm the above reported sentence or any other part of the
article, you are required to set forth facts sufficient to support the same.

Please furnish Bursa Securities with your reply within one (1) market days from
the date hereof.


Yours faithfully


JOHAN ABDULLAH
Head
Listing Division
Group Regulations
CFT/LAL
copy to:- Mr. Chung Tin Fah
Securities Commission (via fax)



Announcement Info

Company NameMALAYSIAN RESOURCES CORPORATION BERHAD  
Stock Name MRCB    
Date Announced12 Jun 2007  
CategoryGeneral Announcement
Reference NoMR-070612-61880