Contents :

We refer to your letter dated 14 August 2000 in respect of the following sentence which appeared on page 2 of The Sun, SunBiz Section on Monday, 14 August 2000: -

"VADS seems confident that it will achieve RM80 million in revenue this year."

and wish to inform the Exchange that VADS Sdn Bhd, a wholly-owned subsidiary of the Company, has confirmed that, barring any unforeseen circumstances, they are confident in achieving the RM80 million by the end of this year.

Query Letter Contents :

We refer to the above news article appearing in The Sun, Sun Biz, pages 1 and
2, on Monday, 14 August 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:-
"VADS seems confident that it will achieve RM80 million in revenue this year."
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
KUALA LUMPUR STOCK EXCHANGE


LISA LAM
Senior Manager, Listing Operations
LL/ASL/ZOOS
c.c. Securities Commission