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22 Feb 2005

EXTENSION OF TIME TO OBTAIN SHAREHOLDERS’ MANDATE/RATIFICATION IN RELATION TO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE ("RRPT") PURSUANT TO PARAGRAPH 10.09 AND PRACTICE NOTE 12/2001 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Contents :

On behalf of MSW, Commerce International Merchant Bankers Berhad is pleased to announce that Bursa Securities has approved MSW’s application for an extension of time to obtain its shareholders' mandate/ratification for RRPTs entered into by MSW from the date of its listing on Bursa Securities, i.e. 7 February 2005 up to the date of the next annual general meeting or extraordinary general meeting, whichever is held earlier.



This announcement is dated 22 February 2005.


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