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Further to the announcement on 13 January 2006 by the Company, Hwang-DBS Securities Berhad, on behalf of the Board of Directors of Kuchai (“Board”) wishes to announce that Bursa Malaysia Securities Berhad has, vide its letter dated 3 March 2006 which was received on 6 March 2006, rejected the application submitted by Hwang-DBS Securities Berhad on behalf of the Company on 22 December 2005 for a further extension of time until 30 June 2006 for the Company to undertake the necessary corporate exercises to comply with Paragraph 8.15(1) of the Listing Requirements (“LR”).
This announcement is dated 6 March 2006.