General Announcement

07/10/2009

SANICHI TECHNOLOGY BERHAD (STB OR THE COMPANY) UNUSUAL MARKET ACTIVITY

SANICHI TECHNOLOGY BERHAD

TypeReply to query
Reply to Bursa Malaysia's Query Letter - Reference IDMN-091006-39364
SubjectSANICHI TECHNOLOGY BERHAD (STB OR THE COMPANY)

UNUSUAL MARKET ACTIVITY
ContentsThe letter from Bursa Malaysia Securities Berhad dated 6 October 2009 in relation to the high volume in the Company's share price recently refers.

The Board of Directors of the Company, after having made due enquiry with the Directors and Major Shareholders, wishes to advise that, to the best of their knowledge and belief, they are not aware of any of the following that may have contributed to the unusual market activity:

1. any corporate development relating to STB and its subsidiaries (STB Group) business and affairs that has not been previously announced that may account for the unusual market activity, including those in the stage of negotiation/discussion;

2. any rumour or report concerning the business and affairs of the STB Group that may account for the unusual market activity;

3. any other possible explanation to account for the unusual market activity; and

4. any material information that requires immediate disclosure in accordance with Paragraph 9.03 of the ACE LR.

This announcement is dated 7 October 2009.
Query Letter ContentWe draw your attention to the high volume in your Companys shares recently.

In accordance with the Corporate Disclosure Policy on Response To Unusual
Market Activity pursuant to paragraph 9.11 of the ACE Market Listing
Requirements of Bursa Malaysia Securities Berhad ("ACE LR"), you are requested
to furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with an
announcement for public release after making due enquiry with your directors
and major shareholders seeking the cause of the unusual market activity in the
Companys shares.

In this respect, you are also required to publicly confirm, amongst others, the
following:-

1. whether there is any corporate development relating to your Groups
business and affairs that has not been previously announced that may account
for the unusual market activity including those in the stage of negotiation /
discussion. If yes, kindly provide the details including the status of the
corporate development to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs of
the Group that may account for the unusual market activity and in this
respect, you are required to comply with paragraphs 9.09 and 9.10 of the ACE
LR;

3. whether you are aware of any other possible explanation to account for the
unusual market activity; and

4. your compliance with the ACE LR, in particular paragraph 9.03 of the ACE LR
on immediate disclosure obligations.





Page 2/-


Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities
immediately via Bursa LINK.


Yours faithfully




SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

SUZ/LMN

Announcement Info

Company NameSANICHI TECHNOLOGY BERHAD (ACE Market) 
Stock Name SANICHI
Date Announced7 Oct 2009  
CategoryGeneral Announcement
Reference NoC&-091007-41582

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