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1. Details of your company and subsidiaries progress in relation to its activities to address the Y2K issue.

Y2K Ready	X
Non Y2K Ready		(To provide the information listed below)


2. The impact of the Y2K issue if your company and/or subsidiaries fail to be Y2K Ready or are unable to achieve full readiness by the estimated date(s) mentioned above.

No impact	X	(State the reason(s) below)
Yes		(State the details of the impact below, particularly on business, financial position and prospects)


All applications have been tested and are found to be Y2K compliant.
3. The exposure of your company and/or subsidiaries to third parties who have material business relationships with your company or subsidiaries in relation to the third parties Y2K readiness.

No exposure	X	(State the reason(s) below)
Yes		(State the details of the exposure, how material the exposure is to your company and/or subsidiaries and the measures taken to address the impact of the exposure)


We don't have any on-line system to the third parties and thus are not affected by their non-compliance.

4. The total cost your company and subsidiaries have incurred or is expected to incur to address the Y2K issue.

RM500,000.00

5. Describe your company and subsidiaries contingency plans in relation to the Y2K issue to ensure continued operations.

No contingency plans		(State the reason(s) why contingency plans are not needed
Yes	X	(State the details of the contingency plans)


Prior to the year end, we will run the testing on Y2K issues. We will also make backup on the database. Aside from these, we have a stand-by arrangement with our vendors covering this period should we encountered difficulties that will require their assistance.

Query Letter Contents :