Contents :
Further to our announcement on 27 November 2000 on the above matter, Kossan Rubber Industries Bhd (KRI) is pleased to inform the Exchange that the said joint venture was completed on 28 November 2001 with the issue of 48 shares of par value Swiss Franc (SFR) 1,000 each to Top Calibre Sdn Bhd, a wholly owned subsidiary of KRI.
The authorised and fully paid up share capital of KE is SFR100,000 divided into 100 shares of SFR1000 each and held as follows:-
No. of % of
Shares Shareholdings
Top Calibre Sdn Bhd 48 48%
Katharina Schneider-Roniger 51 51%
Beatrix Riser-Fiechter 1 1%
------- -------
100 100%
------- -------
This announcement is dated 28 November 2001.