[ 31-05-2011 ]
Others
General Announcement
Reference No CC-110531-42805

 

Company Name
:
 EVERGREEN FIBREBOARD BERHAD
Stock Name
:
 EVERGRN
Date Announced
:
 31/05/2011



Type
:
 Announcement
Subject
:
OTHERS

Description
:
EVERGREEN FIBRREBOARD BERHAD ("EFB" or "Company")
- Article in The Edge Malaysia on 30 May 2011 Entitled “Evergreen Fibreboard's 'ugliest moment'”

Announcement Details/Table Section :

 

We refer to the abovementioned article which appeared in The Edge Malaysia on 30 May 2011.

The Board of Directors wishes to clarify that the net profit estimates as reported in the article was not meant as a profit estimate.

The net profit as reported in the article is based on several factors which have also been highlighted in the same article such as: -

1. Rise in raw material cost

2. Increase in selling price

3. Strengthening of Ringgit against US dollar

4. Increase in Middle East Demand

This announcement is dated 31 May 2011.