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The Company wishes to announce that the public shareholding spread of the Company based on the Record of Depository as at 26 August 2009 was 24.77%.
Accordingly, the Company has not complied with the minimum public shareholding spread of 25% to be in the hands of the public pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities. In view thereof, the Company will apply to Bursa Securities for an extension of time to rectify the public shareholding spread.
The Company has not formulated any rectification plan as at the date of announcement. However, the Company will endeavour to take necessary actions to comply with the public shareholding spread in due course.
This announcement is dated 1 September 2009. |
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