Melewar: Reply to Querry

Waiting anxiously to hear what Melewar got to say?

Here it is but oh don't ask..

• We refer to the query letter by Bursa Malaysia Securities Berhad dated 12 March 2007 on unusual market activity in the trading of the Company's shares. The Board of Directors of MIG would like to confirm that to the best of their knowledge and after due enquiry, they are not aware of any of the following that may have contributed to the unusual market activity :-
  
  a) Any material development in the Company's business and affairs not previously disclosed ;
  b) Any rumour or report concerning the business and affairs of the Group except for the recent newspaper reports regarding the Company's bid for the Penang Monorail Project that may account for the unusual market activity. There is nothing material in these reports which the Company had not previously disclosed.