NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965

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Type
:
Reply to query
Reply to Bursa Malaysia's Query Letter - Reference ID
:
RZ-090720-35379
Subject
:
NOTICE PURSUANT TO SECTION 218 OF THE COMPANIES ACT, 1965

Contents
:
Further to the announcement made on 17 July 2009 and query from Bursa Malaysia dated 20 July 2009, the Board of Directors of Linear Corporation Berhad (the "Company") wishes to announce that the Company's subsidiary, LCI Global Sdn. Bhd. (formerly known as Linear Cooling Industries Sdn. Bhd.) does not owe any money to LFE Engineering Sdn. Bhd. The following additional information in reply to Bursa Malaysia's query :-

1. Date of presentation of the Notice
July 7, 2009

2. The interest rate, if any, in respect of the amount claimed
Not Applicable

3. Details of default or circumstances leading to the filing of the Notice against LCI Global Sdn. Bhd. ("LCIGSB")
Not Applicable

4. Whether LCIGSB is a major subsidiary
A wholly owned subsidiary of Linear Corporation Berhad

5. The total cost of investment of LCIGSB
RM8,287,703.00

6. The financial and operational impact of the Notice on the group ; and
Not Applicable

7. The expected losses, if any arising from the Notice
Cannot be quantified at the moment as the Company intend to file suit for the recovery of the losses which will be determined by the court in due course.

This announcement is dated 24th July, 2009

Query Letter
content
:
We refer to your Company's announcement dated 17 July 2009, in respect of the
aforesaid matter.

In this connection, kindly furnish Bursa Securities with the following
additional information for public release:-

1. Date of presentation of the Notice.
2. The interest rate, if any, in respect of the amount claimed;
3. Details of default or circumstances leading to the filing of the Notice
against LCI Global Sdn Bhd ("LCIGSB").
4. Whether LCIGSB is a major subsidiary;
5. The total cost of investment in LCIGSB;
6. The financial and operational impact of the Notice on the group; and
7. The expected losses, if any arising from the Notice.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.


Yours faithfully



SUZALINA HARUN
Head, Issuers
Listing Division
Regulation

WCY/RZ

copy to:- Head, Market Surveillance, Securities Commission (via fax)
 

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