We wish to inform the Kuala Lumpur Stock Exchange that during
the period from November 2001 to October 2002, the total fees
and commission paid/payable to OCBC Bank (Malaysia) Berhad ("OCBC")
by Pacific Mutual Fund Bhd ("Pacific Mutual") amounted
to RM1,300,486.46. OCBC is an Institutional Unit Trust Agent
of Pacific Mutual. |
| Pacific Mutual is a subsidiary of PacificMas
Berhad. The principal business activities of Pacific Mutual
are establishment and management of unit trust funds. |
| OCBC is a subsidiary of Oversea-Chinese
Banking Corporation Ltd, a substantial shareholder of PacificMas
Berhad. |
| |
| This announcement is dated 12 November 2002. |
| |
