ARTICLE ENTITLED “PELIKAN TO BUY EUROPEAN RIVAL" WHICH APPEARED IN THE EDGE FOR THE WEEK OF 17 AUGUST 2009 TO 23 AUGUST 2009
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We refer to the article appeared in the main page of The Edge for the week of August 17 to August 23, 2009 entitled “Pelikan to buy European rival”. The Company wishes to make the following clarifications after making due and diligent enquiries with all the directors, major shareholders and all such other persons reasonably familiar with the matters.
It is stated in the article that “Pelikan International Corp Bhd is close to acquiring an European listed firm involved in the stationery business…” and “Pelikan is believed to have plans to close its China plant in 2H2009…”.
We wish to clarify that the Group is constantly exploring mergers and acquisitions (“M&A”), especially those that will allow it to expand its distribution network. To date, the Company has not concluded any formal agreements relating to any new M&A exercises.
Similarly, the Group is also keen to consider various proposals to streamline and optimize its manufacturing facilities which include merger and/or closure of its existing manufacturing facilities worldwide. However, these proposals are still preliminary in nature as the Group has yet to conclude the feasibility studies.
The Company will make announcements to Bursa Malaysia Securities Berhad pursuant to Bursa Malaysia Securities Berhad's Corporate Disclosure Policy in respect of any new developments relating hereto.
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发表于 5-8-2009 01:41 PM
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