Date : 05 September 2003

Article entitled: IOI may make general offer for Palmco

IOI CORPORATION BERHAD

Type

Reply to query
Reply to Query Letter by KLSE reference IDHY-030904-43319
SubjectArticle entitled: IOI may make general offer for Palmco

Contents :

We refer to your letter dated 4 September 2003 in respect of the above matter.


In relation to the statement in the said article which states that IOICORP may make general offer for Palmco Holdings Berhad, we wish to confirm that the statement is not true as the Company has no plan to make such general offer.

This announcement is dated 5 September 2003.

Query Letter Contents :

We refer to the above article appearing in Sin Chew Daily, Sin Chew Business
Section, page 3, on Thursday, 4 September 2003, a copy of which is enclosed
for your reference.
In particular, we would like to draw your attention to the statement which
states that IOICORP may make general offer for Palmco Holdings Berhad.
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 statement 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 reported statement, you are
required to set forth facts sufficient to clarify any misleading aspects of the
same. In the event you confirm the above reported statement, you are required
to set forth facts sufficient to support the same.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully

INDERJIT SINGH
Sector Head, Issues & Listing
WSW/THY
copy to: Securities Commission (via fax)



Announcement Info

Company NameIOI CORPORATION BERHAD  
Stock Name IOICORP    
Date Announced5 Sept 2003  
CategoryGeneral Announcement
Reference NoIC-030905-D1F06
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