Date : 29 June 2004

ARTICLE ENTITLED : " PRINSIPTEK CONFIDENT OF BETTER PERFORMANCE "

PRINSIPTEK CORPORATION BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDKM-040628-43389
SubjectARTICLE ENTITLED : " PRINSIPTEK CONFIDENT OF BETTER PERFORMANCE "

Contents :

We refer to your letter dated 28 June 2004 (reference no. KM-040628-43389) in relation to the statement appearing in the StarBiz, page 3 on Saturday, 26 June 2004 : -


" For 2004, the company hopes to achieve turnover growth of 20% to 30% and a net profit of not less than RM22 million. "

The Company, after due and diligent enquiry, wishes to inform that we did not provide any detail forecast, projection and financial estimation to the press during the interview.

This announcement is dated 29 June 2004.

Query Letter Contents :

We refer to the above article appearing in the Star, StarBiz, page 3 on
Saturday, 26 June 2004, a copy of which is enclosed for your reference.
In particular, we would like to draw your attention to the underlined sentence,
which is reproduced as follows:-
"For 2004, the company hopes to achieve turnover growth of 20% to 30% and a net
profit of not less than RM22mil."
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 article and in particular the
underlined sentence after due and diligent enquiry with all the directors,
major 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 deny the above sentence or any other part of the above article, you are
required to set forth facts sufficient to clarify any misleading aspects of the
same. In the event you confirm the above sentence or any other part of the
above article, you are required to set forth facts sufficient to support the
same, including the relevant basis and assumptions in arriving at the above
forecast. In this respect, you are also required to confirm whether the
accounting bases, calculations and assumptions have been reviewed by the
external auditors.







Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully


INDERJIT SINGH
Sector Head
Issues & Listing
Group Regulations
CKM
Copy to : Securities Commission (via fax)



Announcement Info

Company NamePRINSIPTEK CORPORATION BERHAD  
Stock Name PSIPTEK    
Date Announced29 Jun 2004  
CategoryGeneral Announcement
Reference NoPC-040629-61714
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