General Announcement

14/07/1999

PRESS RELEASE: CLARIFICATIONS ON MISLEADING PRESS REPORT ON K & N KENANGA BHDS TRADING LIMITS FOR DEALERS REPRESENTATIVES

K & N KENANGA HOLDINGS BERHAD

TypeAnnouncement
SubjectPRESS RELEASE:
CLARIFICATIONS ON MISLEADING PRESS REPORT ON K & N KENANGA
BHDS TRADING LIMITS FOR DEALERS REPRESENTATIVES

Contents :


Contrary to speculations that have been published in the media that K & N Kenanga Bhd (K & N Kenanga) has reduced its trading limits to dealers representatives, the Management of K & N Kenanga would like to clarify that its policies on trading limits to its dealers representatives have not been changed and thus regards the reports to the contrary as baseless.

K & N Kenanga has always maintained consistency on its trading policies and other procedures to its dealers representatives and clients and intends to continue to do so irrespective of market conditions unless otherwise directed by the relevant authorities.

The Management also hopes that the above clarifications convey the true situation in regards to K & N Kenanga.

Announcement Info

Company NameK & N KENANGA HOLDINGS BERHAD  
Stock Name KENANGA
Date Announced14 Jul 1999  
CategoryGeneral Announcement
Reference NoK&-990714-62156

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