Contents :
"...Putera Capital has teamed up with engineering-based MESB Berhad to bid for a multi-million ringgit transmission line project in Sabah. It is one of several groups bidding to construct a 160km power transmission line between Kota Kinabalu and Kudat. The project also involves the building of several sub-station."
" The whole project is believed to be worth about RM200 million. The bidders have submitted their proposals to Sabah Electricity Sdn. Bhd."
We confirm that MESB has teamed up with Putera Capital in submitting a bid to Sabah Electricity Sdn. Bhd., for a 160 km power transmission line and sub-stations project in Sabah worth about RM200 million.
Query Letter Contents :
We refer to the above news article appearing in The Edge, page 6, on Monday, 20
March 2000, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined
sentences, which are reproduced as follows:-
"...Putera Capital has teamed up with engineering-based MESB Bhd to bid for a
multi-million ringgit transmission line project in Sabah. It is one of several
groups bidding to construct a 160km power transmission line between Kota
Kinabalu and Kudat. The project also involves the building of several
sub-stations."
"The whole project is believed to be worth about RM200 million. The bidders
have submitted their proposals to Sabah Electricity Sdn Bhd."
In accordance with the Exchange's Corporate Disclosure Policy, you are
requested to furnish the Exchange with an announcement for public release
confirming or denying the above reported sentences after due and diligent
enquiry with all the directors, substantial shareholders and all such other
persons reasonably familiar with the matters about which the disclosure is to
be made in this respect. In the event you confirm the above reported sentences,
you are required to set forth facts sufficient to support the same. In the
event you deny the above reported sentences, you are required to set forth
facts sufficient to clarify any misleading aspects of the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully
KUALA LUMPUR STOCK EXCHANGE
Lisa Lam
Senior Manager, Listing Operations
ASL/HH
