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KOMARKCORP BERHAD ("Komarkcorp" or the "Company") ARTICLE ENTITLED: "Komarkcorp eyes rise in revenue"

KOMARKCORP BERHAD

Type

Reply to query
Reply to Bursa Malaysia's Query Letter - Reference IDZO-071023-53188
SubjectKOMARKCORP BERHAD ("Komarkcorp" or the "Company")
ARTICLE ENTITLED: "Komarkcorp eyes rise in revenue"

Contents :

Reference is made to Bursa Malaysia Berhad's query letter dated 23 October 2007 in relation to the above article as appearing in the New Straits Times, Biz news section, page 43, on Tuesday, 23 October 2007, in particular, to the following statement as highlighted:


"...Komarkcorp Bhd hopes to grow its revenue by as much as 15 per cent next year..."

We wish to clarify that the statement made by our Chief Executive Officer was misinterpreted during the interview.

Our Chief Executive Officer had explained to the press that, for the first quarter financial period ended 31 July 2007, the Company had achieved revenue growth of approximately 15% when compared against the corresponding period in the previous financial year.

Nevertheless, the above statement was not intended to refer to any financial estimate, forecast or projection and has not been reviewed by the external auditors.

This announcement is dated 24 October 2007.

Query Letter Contents :

We refer to the above news articles appearing in New Straits Times, Biz news,
page 43, on Tuesday, 23 October 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:-

"... Komarkcorp Bhd hopes to grow its revenue by as much as 15 per cent next
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




JOHAN ABDULLAH
Head
Listing Division
Group Regulations

SUZ/ZOOS
c.c. En. Chung Tin Fah, Securities Commission (via fax)



Announcement Info

Company NameKOMARKCORP BERHAD  
Stock Name KOMARK    
Date Announced24 Oct 2007  
CategoryGeneral Announcement
Reference NoCS-071023-73805





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