Reply to Bursa Malaysia's Query Letter - Reference ID
:
CY-110105-45017
Subject
:
AXIATA GROUP BERHAD ("AXIATA") - FORMATION OF BOARD SUB-COMMITTEE
Contents
:
Reference is made to the query from Bursa Malaysia Securities Berhad dated 5 January 2011, regarding the announcement issued by Axiata on 3 January 2011 on the above matter [Reference No.: AG-110103-68980], requiring Axiata to furnish the expected date of completion of the internal investigation.
In view of the seriousness of the allegations and high public interest on the matter, Axiata would like to complete the internal investigation in the shortest possible time.
On this note, Axiata has set a target for the completion of the internal investigation within one month from 3 January 2011.
Nevertheless, Axiata recognises that most importantly, a comprehensive and detailed work need to be undertaken and in order not to compromise this, the period may be extended at the discretion of the Board Sub-Committee.
This announcement is dated 6 January 2011.
Query Letter content
:
We refer to your Company's announcement dated 3 January 2011 in respect of the aforesaid matter.
In this connection, kindly furnish Bursa Securities with the following additional information for public release:-
1. The expected date of completion of the internal investigation.
Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
