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DiGi.Com Berhad ("DiGi") - Article Entitled: "DiGi in upgrade talks"

DIGI.COM BERHAD

Type

Reply to query
Reply to Bursa Malaysia's Query Letter - Reference IDMM-060612-55032
SubjectDiGi.Com Berhad ("DiGi") - Article Entitled: "DiGi in upgrade talks"

Contents :

We refer to your letter dated 12 June 2006 in respect of the news articles appearing in The Star, Star Biz section, Saturday, 10 June 2006 entitled "DiGi in upgrade talks", in particular the sentence "The company forecasts that net income in 2006 will rise at least 20% from last year...."


DiGi would like to clarify to Bursa Malaysia Securities Berhad that the above statement is not a forecast but a guide to financial trends for future period. The guidance on the net income growth of at least 20% was based on DiGi's current views and assumptions including but not limited to, prevailing economic market conditions and currently available information for which the basis need not be audited or reviewed by the external auditors.

cc. Securities Commission

Query Letter Contents :

We refer to the above news articles appearing in The Star ,Star Biz section,
Page B3, Saturday, 10 June 2006 , 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:-
"The company forecasts that net income in 2006 will rise at least 20% from last
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,
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 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, including the relevant bases and assumptions in
arriving at the above forecast. In this respect, you are also required to
confirm whether the accounting bases, calculations and assumptions have been
reviewed by the external auditors.
Please furnish the Exchange with your reply within one (1) market day from the
date hereof.
Yours faithfully

CHONG FUI TZY
Sector Head, Issues & Listing
Group Regulations
CFT/MZM
c.c. Chung Tin Fah, Securities Commission (via fax)



Announcement Info

Company NameDIGI.COM BERHAD  
Stock Name DIGI    
Date Announced13 Jun 2006  
CategoryGeneral Announcement
Reference NoDB-060613-59494



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