General Announcement
07/10/2004Article entitled "KNM investing RM90m"
KNM GROUP BERHAD |
Type | Reply to query |
Reply to Query Letter by KLSE reference ID | MN-041006-51849 |
Subject | Article entitled "KNM investing RM90m" |
Contents :
Further to the announcement made on 6 October 2004 in response to the query from Bursa Malaysia Securities Berhad on 6 October 2004 on the above, we wish to further clarify that the figures mentioned in the subject article have not been reviewed and confirmed by our external auditors.
Contents of query letter -
We refer to the above article appearing in The Sun Financial Daily, page 3, on Wednesday, 6 October 2004, 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 follow:
expansion would help boost earnings by 20% to 30% in the financial year ending Dec 31, 2005.
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, including the relevant basis and assumptions in arriving at the above forecast. In this respect, you are required to confirm whether the accounting bases, calculations and assumptions have been reviewed by the external auditors.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully
TAN YEW ENG
Section Head
Issues & Listing
Group Regulations
TYE/LMN
cc: Securities Commission
Query Letter Contents :
We refer to the above article appearing in The Sun FinancialDaily, page 3, on
Wednesday, 6 October 2004, 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 :
"... expansion would help boost earnings by 20% to 30% in the financial year
ending Dec 31, 2005."
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,
including the relevant basis and assumptions in arriving at the above forecast.
In this respect, you are required to confirm whether the accounting bases,
calculations and assumptions have been reviewed by the external auditors.
Page 2/-
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
TAN YEW ENG
Sector Head
Issues & Listing
Group Regulations
TYE/LMN
cc: Securities Commission
Announcement Info
Company Name | KNM GROUP BERHAD |
Stock Name | KNM |
Date Announced | 7 Oct 2004 |
Category | General Announcement |
Reference No | KG-041007-66423 |