Contents :
Further to the announcement made by the Company on 5 April 1999 (Ref: QCC/bc/SCIB), we would like to inform accordingly that the status of Y2K of the Company remains as reported earlier except that the raw materials suppliers have yet to confirm that they have achieved Y2K readiness.
We regret that one of the raw materials suppliers can only confirm their readiness by end of September, 1999. In this regard, we anticipate the Company can only be fully Y2K compliance by 31 October 1999.
We regret for any inconvenience caused.
Thank you.