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Your letter of August 25, 1999 in relation to the article entitled "Express Rail Link may go listing next year" that appeared in The Star, Business Section of even date refers.
Please be advised that the statement made expressed the Company's intention to consider the listing of Express Rail Link Sdn Bhd ("ERLSB") on the Kuala Lumpur Stock Exchange under the Securities Commission's Guidelines on Listing of Infrastructure Project Companies.
We further advise that the subject matter is preliminary and accordingly, the Company is unable to furnish facts in respect thereof for public release.
However, the Company will at the appropriate time disclose to your Exchange the relevant information when made available by ERLSB.
We trust the above meets your requirements.
Thank you
Yours faithfully,
HO SAY KENG
Company Secretary
c.c. Securities Commission
Securities and Issues Department
Fax No. 03 651 5213