Contents :
We refer to your letter dated 21 February 2000 and wish to inform that the management of CHHB is considering a proposal for a bonus and/or rights issue to be recommended to the Board of Directors.
We will make the relevant announcement once the details and terms of the proposed capital exercise has been approved by the Board of Directors of CHHB.
Query Letter Contents :
We refer to the above article appearing in The Star, Business Section, page 3,
Monday, 21 February 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:-
"It is believed that the group may soon announce a proposal for a bonus or
rights issue, which is likely to trigger trading interest in the counter."
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 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 reported sentence, 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, 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
Lisa Lam
Senior Manager, Listing Operations
NAT/IJO
c.c. Securities Commission