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ARTICLE ENTITLED : "Media Prima keen on TM Net stake"

MEDIA PRIMA BERHAD

Type

Reply to query
Reply to Bursa Malaysia's Query Letter - Reference IDMM-070129-55621
SubjectARTICLE ENTITLED : "Media Prima keen on TM Net stake"

Contents :

We refer to the letter from Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 29 January 2007 pertaining to the above article appearing in The Edge on 29 January 2007.


As a leading media investment group and content creation group in Malaysia, Media Prima Berhad is always interested in finding new opportunities for growth. Whilst we have been in discussions with Telekom Malaysia Bhd and other telecommunication companies as part of our efforts to sell and distribute some of our content, we wish to clarify that we have not entered into any agreement with any parties nor are we considering at this time an acquisition of a stake in TM Net Sdn Bhd.

We trust that the above adequately explain your queries.


c.c. : En Chung Tin Fah (Securities Commission) via fax

Query Letter Contents :

We refer to the above article appearing in The Edge, front page on Monday, 29
January 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:-
"...Media Prima is keen to take up a 30% stake in TM Net Sdn Bhd...."
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 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.
Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully

TAN YEW ENG
Head, Issuers
Listing Division
Group Regulations
TYE/MZM
c.c. En. Chung Tin Fah



Announcement Info

Company NameMEDIA PRIMA BERHAD  
Stock Name MEDIA    
Date Announced30 Jan 2007  
CategoryGeneral Announcement
Reference NoMP-070130-59323



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