ANNOUNCEMENT DETAILS

Unusual Market Activity

THREE-A RESOURCES BERHAD
Announcement Date 07 Aug 2003
Type Reply to query
Reply to Query Letter by KLSE reference ID VC-030806-67709
Subject Unusual Market Activity
Contents

We refer to your letter dated 6th August 2003 (Ref. No. VC-030806-67709).

The Board of Directors of Three-A Resources Berhad ("the Company") wishes to inform the Exchange that after having made due enquiries to seek the cause of the unusual market activity in the Company's securities on 6th August 2003, to its best knowledge:-

(a) There has been no material or recent development in the business and affairs of the Company which had not been previously disclosed;
(b) There was no other reason to account for the said unusual market activity

The Board of Directors of the Company also wishes to inform the Exchange that to the Company's knowledge, none of the situation / events as listed in your said letter dated 6th August 2003 on the continuing disclosure requirements set out in Guidance Notes 1, Part IV and V of Chapter 7 of the MESDAQ Listing Requirements had contributed to the unusual market activity in the Company's securities on the day in question and that the Company is not aware of any rumour or report (whether true or false) which contains information which might be likely to have an effect on the trading of the Company's securities.

Query Letter Contents

We draw your attention to the high volume traded in your Company’s shares today.
In accordance with Part IV of Guidance Notes 1 of the Listing Requirements of the KLSE for MESDAQ Market ("MESDAQ Listing Requirements") on Response To Unusual Market Activity, you are requested to furnish the Exchange with an announcement for public release after a due enquiry seeking the cause of the unusual market activity in the Company’s securities. When considering your response and when making the required announcement, your attention is particularly drawn to the continuing disclosure requirements set out in Guidance Notes 1 and Part IV and V of Chapter 7 of the MESDAQ Listing Requirements.

The announcement is to reach the Exchange within one market day from the date hereof via KLSE Listing Information Network ("KLSE Link").

Yours faithfully

 

TAN CHUN WENG
Senior Vice President,
Financial Review & Surveillance
Listing Group
WT/nyc