KLSE Says No Approval For Collective Custodial (Asia) Pte Ltd
Date 29/12/1999
Singapore Business Times in its report 'S'pore firm steps in with friendlier CLOB offer' yesterday stated that a Singapore registered company - Collective Custodial Services (Asia) Pte Ltd - has purportedly received verbal in-principle approval from the Kuala Lumpur Stock Exchange for its CLOB proposal.
The Kuala Lumpur Stock Exchange wishes to announce that it has not given any approval, in any form whatsoever, to Collective Custodial Services (Asia) Pte Ltd.
Therefore, the statement in that report is totally incorrect.