Reply To SGX-ST’s Query Regarding Trading Activity
30 September 2005
Singapore Exchange Securities Trading Limited
2 Shenton Way #19-00
SGX Centre 1
Attention: Ms Elsie Chua, Vice President, Market Surveillance
REPLY TO SGX-ST’S QUERY REGARDING TRADING ACTIVITY
We refer to your queries reproduced below enquiring on the substantial increase in the share price of the Company today:
Question 1: Are your aware of any information not previously announced concerning you (the issuer), your subsidiaries or associated companies which, if known, might explain the trading? If yes, the information must be announced immediately.
We are not aware of any information that was not previously announced concerning the Company, its subsidiaries or associated companies that might explain the trading activity on our shares today.
Question 2: Are you aware of any other possible explanation for the trading?
We are not aware of any other possible explanation or the exact reasons for the trading activity on our shares today.
Question 3: Can you confirm your compliance with the listing rules and, in particular, listing rule 703?
We confirm that we have complied with the listing rules of SGX-ST and, in particular, listing rule 703.
Sunny George Verghese
Group Managing Director &
Chief Executive Officer