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ARTICLE ENTITLED: "DiGi targets RM4b revenue"

DIGI.COM BERHAD

Type

Reply to query
Reply to Bursa Malaysia's Query Letter - Reference IDIJ-070216-35449
SubjectARTICLE ENTITLED: "DiGi targets RM4b revenue"

Contents :

We refer to the query from Bursa Malaysia Securities Berhad (“Bursa”) dated 16 February 2007 pertaining to the above news article appearing in The New Straits Times, Biznews section, page 40 on even date.


We wish to clarify that the quoted statement "DiGi.Com Berhad is targeting to raise revenue this year by 10 per cent to RM4 billion and maintain operating profit growth of around 45 per cent.” was consistent with the management's internal target /guidance issued to Bursa on 14 February 2007 in the Fourth Quarterly Results announcement.

In our guidance, we communicated that we aim to achieve a high single-digit revenue growth for the year 2007 and an EBITDA margin (referred to by the media as operating profit) to be around the mid-40% level.

We also wish to clarify that the quoted statement was not intended to refer to any financial estimate, forecast or projection of our Group, and have not been reviewed by the external auditors.

This announcement is dated 16 February 2007.

Query Letter Contents :

We refer to the above article appearing in The New Straits Times, Biznews
section, page 40 on Friday, 16 February 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:-
"DIGI.COM Bhd is targeting to raise revenue this year by 10 per cent to RM4
billion and maintain operating profit growth of around 45 per cent."
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, 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 Bursa Securities with your reply within one (1) market day from
the date hereof.

Yours faithfully


CHONG FUI TZY
Head, Issuers
Listing Division
Group Regulations
CFT/IJ
c.c. En. Chung Tin Fah
Securities Commission (via fax)



Announcement Info

Company NameDIGI.COM BERHAD  
Stock Name DIGI    
Date Announced16 Feb 2007  
CategoryGeneral Announcement
Reference NoC&-070216-57213



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