Type | Reply to query |
Reply to Bursa Malaysia's Query Letter - Reference ID | MN-070711-42563 |
Subject | DiGi.Com Berhad ("DiGi") Article entitled : "TimedotCom up on merger talk" |
“… Khazanah Nasional Berhad is looking to divest part of its stake in TdC to DiGi.Com Bhd in return for shares.”
We wish to inform that DiGi has not had any discussions on a merger with TimedotCom nor to acquire a stake in TimedotCom as stated above.
In general, we are continuously assessing possibilities for strategic partnerships and business development and are at all times in discussions with various parties in the market to enhance our business. DiGi will make necessary announcements if and when significant developments materialise.
This announcement is dated 12 July 2007.
We refer to the above article appearing in The Edge, Financial Daily, page 1,
on Wednesday, 11 July 2007, 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:-
"... Khazanah Nasional Bhd is looking to divest part of its stake in TdC to
DiGi.Com Bhd in return for shares."
In accordance with Bursa Securities' Corporate Disclosure Policy, you are
requested to furnish Bursa Securities with an announcement for public release
confirming or denying the above reported article 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 reported sentence or any other part of the article, you are required
to set forth facts sufficient to clarify any misleading aspects of the same. In
the event you confirm the above reported sentence or any other part of the
article, you are required to set forth facts sufficient to support the same.
Page 2/-
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully
JOHAN ABDULLAH
Head
Listing Division
Group Regulations
CFT/LMN
cc: Mr. Chung Tin Fah
Securities Commission (via fax)
Company Name | DIGI.COM BERHAD |
Stock Name | DIGI |
Date Announced | 12 Jul 2007 |
Category | General Announcement |
Reference No | C&-070712-41823 |