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ARTICLE ENTITLED "CHEETAH EXPECTS LEAP IN REVENUE"

CHEETAH HOLDINGS BERHAD

TypeReply to query
Reply to Bursa Malaysia's
Query Letter - Reference ID
NM-071119-42270
SubjectARTICLE ENTITLED "CHEETAH EXPECTS LEAP IN REVENUE"
ContentsWith reference to the query letter from Bursa Malaysia Securities Berhad dated 19 November 2007 on the article entitled "Cheetah Expects Leap in Revenue" which appeared in The New Straits Times, Biz News Section, page 42 on Monday, 19 November 2007, the Company upon due enquiry wishes to clarify on the following statements:-

(a) "Cheetah Holdings Bhd expects 10 per cent surge in revenue in its 2008 and 2009 fiscal years ending June 30…”; and

(b) “The retailer has made an internal revenue projection of RM98.7 million for the current year ending June 2008 and RM108.9 million for the year ending June 2009.”

The Board of Directors wishes to inform that the above quoted statements were made as illustration of management's expectations and on assumption that the current business conditions and operations remain unchanged.

The above figures and their bases have not been reviewed by the external auditors.
Query Letter ContentsWe refer to the above news article appearing in The New Straits Times, Biz News
section, page 42, Monday, 19 November 2007, a copy of which is enclosed for
your reference.

In particular, we would like to draw your attention to the underlined sentences
which are reproduced as follows:-

"Cheetah Holdings Bhd expects 10 per cent surge in revenue in its 2008 and 2009
fiscal years ending June 30..."
"The retailer has made an internal revenue projection of RM98.7 million for the
current year ending June 2008 and RM108.9 million for the year ending June
2009."

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 sentences 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 sentences 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 sentences 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.

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/NMA copy:Encik Chung Tin Fah, Securities Commission


Announcement Info

Company NameCHEETAH HOLDINGS BERHAD  
Stock Name CHEETAH    
Date Announced20 Nov 2007  
CategoryGeneral Announcement
Reference NoCCS-071120-0F39F



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