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Article Entitled : "ci Holdings Acquires 30pc Stake In Kfch Controlling Interest Obtained From Punca Ibarat"

BackNov 20, 2000
General Announcement
Reference No C&-001120-C718B
Submitting Merchant Bank : -
Company Name : C.I. HOLDINGS BERHAD 
Stock Name : CIHLDG
Date Announced : 20/11/2000

Type : Reply to query
Reply to Query Letter by KLSE reference ID : SW-001117-53705
Subject : ARTICLE ENTITLED :
"CI Holdings acquires 30pc stake in KFCH
Controlling interest obtained from Punca Ibarat"

Contents :


[Quoted:

20 November 2000

Kuala Lumpur Stock Exchange
14th Floor Exchange Square
Bukit Kewangan
50200 Kuala Lumpur

Attn : Ms Lisa Lam
Senior Manager, Listing Operations

Dear Sir,

Your ref : SW-001117-53705
Re : ARTICLE ENTITLED :
"CI Holdings acquires 30pc stake in KFCH
Controlling interest obtained from Punca Ibarat"

Your letter of 17 November 2000 refers.

We have conducted a due diligence enquiry and Datuk Abdullah Omar, Izhar Sulaiman and Dato' George Ting are not in the list of substantial shareholders of the Company as defined under Sec 69(D) of the Companies Act, 1965.

The list of substantial shareholders of the Company as at 14 November 2000 are the following :-

Direct and/or Indirect
Shareholding
%
1.
Amanah Raya Nominees (Tempatan) Sdn Bhd
Skim Amanah Saham Bumiputera
11,972,000
20.87
2.
Permodalan Nasional Berhad
2,663,000
4.64
3.
MIDF Sisma Nominees (Tempatan) Sdn Bhd
2,644,000 #1
4.61
4.
Dato' Syed Ibrahim bin Syed Mohamed
7,233,000
12.61
5.
Duclos Sdn Bhd
2,268,000
3.95
6. Syed Ibrahim Sdn Bhd
2,270,000
3.96
7. Exa Corporate Services Sdn Bhd
2,409,000
4.20
8. Tan Sri Osman @ Md Daud bin Aroff
2,409,000
4.20
9. Ooi Ah Teik
1,825,000
3.18
10. JB Nominees (Tempatan) Sdn Bhd
2,589,000 #2
4.51
11. Chase Malaysia Nominees (Asing) Sdn Bhd
1,191,000 #3
2.08
12. HLG Nominee (Tempatan) Sdn Bhd
3,685,000 #4
6.42
13. Yayasan Pelaburan Bumiputra
2,663,000
4.64
14.
Dato' Ong Joo Theam
2,924,000
5.10

Notes (#) :

1. Out of this block of shares, Dato' Ong Joo Theam is the beneficial owner of 2,665,000 ordinary shares comprising 4.59% of the paid-up capital of the Company. The remaining ordinary shares are held in trust for beneficial owners, each of whon has less than 2% of the paid-up capital of the Company.

2. Out of this block of shares, Exa Corporate Services Sdn Bhd is the beneficial owner of 2,374,000 ordinary shares comprising 4.14% of the paid-up capital of the Company. The remaining ordinary shares are held in trust for beneficial owners, each of whom has less than 2% of the paid-up capital of the Company.

3. These are ordinary shares held in trust for beneficial owners each of whom has less than 2% of the paid-up capital of the Company.

4. Out of this block of shares, Lim Jwo Cheng is the beneficial owner of 3,450,000 ordinary shares comprising 6.01% of the paid-up capital of the Company. The remaining ordinary shares are held in trust for beneficial owners, each of whom has less than 2% of the paid-up capital of the Company.

Both Datuk Abdullah Omar and Izhar Sulaiman are presently overseas and cannot be contacted. Yours faithfully,
C.I. HOLDINGS BERHAD

(signed)

LEE PENG KHOON
Executive Company Secretary

Unquoted]




Query Letter content :
We refer to the above news article appearing in New Straits Times, Business
Section, page 25, on Friday, 17 November 2000, 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:-
"CI Holdings is believed to be owned by Abdullah, Izhar and George Ting..."

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,
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 deny the above sentence or any other part of the above reported
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 reported article, 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


LISA LAM
Senior Manager, Listing Operations

LL/SA/SW
c.c. Securities Commission