SUPPORT - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: SUPPORTIVE INTERNATIONAL HOLDINGS BERHAD
Stock Name: SUPPORT
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 30/09/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Lee Poay May
Age: 29
Nationality: Malaysian
Qualifications: Ms. Lee Poay May graduated from the University of Northumbria in year 2004 and was admitted to The Honourable Society of the Middle Temple in 2004 and called to the Degree of the Utter Bar as Barrister At Law in 2005.
Working experience and occupation: Ms. Lee completed her pupilage in the chambers at Messrs. Shahrizat Rashid & Lee and was admitted as an Advocate & Solicitor in the High Court, Sessions Courts and Courts of Magistrate throughout the State of Malaya in 2006. Ms. Lee commenced her practice in Messrs. Shahrizat Rashid & Lee and thereafter in Messrs. Lee Hishammuddin Allen & Gledhill before she joined Messrs. K Y Lim & Partners as partner. In the course of her practice, Ms. Lee was primarily involved in Corporate and Retail Conveyancing, Banking and Islamic Banking documentations, tenancy and sub-lease matters, property development, i.e. advisory and planning, bridging finance and the documentation of sale and the financing of the sale, also involved in some probate and administration matters, sub-sales agreements, auction matters, due diligence exercise, share sale agreement, trust deed, consultancy agreement, licence agreement, novation agreement etc.
Directorship of public companies (if any): NIL
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): Dato' Beh Heng Teong (Chairman - Independent Non-Executive Director)
Lim Chee Khoon (Member - Non-Independent Non-Executive Director)
Siti Rohani BT A. Manan (Member - Independent Non-Executive Director)
Lee Poay May (Member - Independent Non-Executive Director)
Company Name: SUPPORTIVE INTERNATIONAL HOLDINGS BERHAD
Stock Name: SUPPORT
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 30/09/2010
Type of change: Appointment
Designation: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Lee Poay May
Age: 29
Nationality: Malaysian
Qualifications: Ms. Lee Poay May graduated from the University of Northumbria in year 2004 and was admitted to The Honourable Society of the Middle Temple in 2004 and called to the Degree of the Utter Bar as Barrister At Law in 2005.
Working experience and occupation: Ms. Lee completed her pupilage in the chambers at Messrs. Shahrizat Rashid & Lee and was admitted as an Advocate & Solicitor in the High Court, Sessions Courts and Courts of Magistrate throughout the State of Malaya in 2006. Ms. Lee commenced her practice in Messrs. Shahrizat Rashid & Lee and thereafter in Messrs. Lee Hishammuddin Allen & Gledhill before she joined Messrs. K Y Lim & Partners as partner. In the course of her practice, Ms. Lee was primarily involved in Corporate and Retail Conveyancing, Banking and Islamic Banking documentations, tenancy and sub-lease matters, property development, i.e. advisory and planning, bridging finance and the documentation of sale and the financing of the sale, also involved in some probate and administration matters, sub-sales agreements, auction matters, due diligence exercise, share sale agreement, trust deed, consultancy agreement, licence agreement, novation agreement etc.
Directorship of public companies (if any): NIL
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): Dato' Beh Heng Teong (Chairman - Independent Non-Executive Director)
Lim Chee Khoon (Member - Non-Independent Non-Executive Director)
Siti Rohani BT A. Manan (Member - Independent Non-Executive Director)
Lee Poay May (Member - Independent Non-Executive Director)
SUPPORT - Quarterly rpt on consolidated results for the financial period ended 31/7/2010
Announcement Type: Financial Results
Company Name: SUPPORTIVE INTERNATIONAL HOLDINGS BERHAD
Stock Name: SUPPORT
Date Announced: 30/09/2010
Announcement Detail:
Financial Year End: 31/01/2011
Quarter: 2
Quarterly report for the financial period ended: 31/07/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
Company Name: SUPPORTIVE INTERNATIONAL HOLDINGS BERHAD
Stock Name: SUPPORT
Date Announced: 30/09/2010
Announcement Detail:
Financial Year End: 31/01/2011
Quarter: 2
Quarterly report for the financial period ended: 31/07/2010
The figures: have not been audited
Currency: Malaysian Ringgit (MYR)
SILVER - General Announcement
Announcement Type: General Announcement
Company Name: SILVER BIRD GROUP BERHAD
Stock Name: SILVER
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: SILVER BIRD GROUP BERHAD ("SBGB" or the "Company")
- Quarterly Status Announcement on Public Shareholding Spread Requirement
Contents: The Company wishes to inform that it has yet to comply with Paragraph 8.02(1) of the Main Market Listing Requirements ("MMLR") of the Bursa Malaysia Securities Berhad ("Bursa Securities") in relation to the public shareholding spread requirement.
Bursa Securities has granted the Company a further extension of time until 30 September 2010 to comply with the public shareholding spread requirement The public shareholding spread of the Company as at 24 September 2010 was as follows:
1. Percentage of public shareholdings - 16.4%
2. Number of Shares held by public - 63,422,290
The Company had applied to Bursa Securities for a further extension of time of 9 months from 1 October 2010 to 30 June 2011 to comply with the required level of public shareholdings spread. The outcome of the extension of time is still pending.
As at the date of this announcement, the Company had explored the various options to meet the shortfall in public shareholding spread which include, amongst others, the following:
a) To undertake a private placement exercise.
b) Continue to persuade its major shareholders to sell down their portion and not to accumulate more shares until the required public shareholding spread is met.
c) Encouraged the holders of the Company's warrants to exercise their rights.
The Company will continue to look at other options to meet the shortfall, such as, to undertake another fund raising exercise.
This announcement is dated 30 September 2010.
Company Name: SILVER BIRD GROUP BERHAD
Stock Name: SILVER
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: SILVER BIRD GROUP BERHAD ("SBGB" or the "Company")
- Quarterly Status Announcement on Public Shareholding Spread Requirement
Contents: The Company wishes to inform that it has yet to comply with Paragraph 8.02(1) of the Main Market Listing Requirements ("MMLR") of the Bursa Malaysia Securities Berhad ("Bursa Securities") in relation to the public shareholding spread requirement.
Bursa Securities has granted the Company a further extension of time until 30 September 2010 to comply with the public shareholding spread requirement The public shareholding spread of the Company as at 24 September 2010 was as follows:
1. Percentage of public shareholdings - 16.4%
2. Number of Shares held by public - 63,422,290
The Company had applied to Bursa Securities for a further extension of time of 9 months from 1 October 2010 to 30 June 2011 to comply with the required level of public shareholdings spread. The outcome of the extension of time is still pending.
As at the date of this announcement, the Company had explored the various options to meet the shortfall in public shareholding spread which include, amongst others, the following:
a) To undertake a private placement exercise.
b) Continue to persuade its major shareholders to sell down their portion and not to accumulate more shares until the required public shareholding spread is met.
c) Encouraged the holders of the Company's warrants to exercise their rights.
The Company will continue to look at other options to meet the shortfall, such as, to undertake another fund raising exercise.
This announcement is dated 30 September 2010.
GOODWAY - General Announcement
Announcement Type: General Announcement
Company Name: GOODWAY INTEGRATED INDUSTRIES BERHAD
Stock Name: GOODWAY
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION OF DEALING IN SECURITIES PURSUANT TO PARAGRAPH 14.09(a) OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR")
Contents: Goodway Integrated Industries Berhad ("Goodway" or "Company") wishes to announce that the Company has on 30 September 2010 received a notification from the following Principal Officer of Goodway's major subsidiary in respect of the dealing in the Company's securities pursuant to Paragraph 14.09(a) of the MMLR. The details of the aforesaid dealing are as stated in the table below.
This announcement is dated 30 September 2010.
Company Name: GOODWAY INTEGRATED INDUSTRIES BERHAD
Stock Name: GOODWAY
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: NOTIFICATION OF DEALING IN SECURITIES PURSUANT TO PARAGRAPH 14.09(a) OF THE MAIN MARKET LISTING REQUIREMENTS ("MMLR")
Contents: Goodway Integrated Industries Berhad ("Goodway" or "Company") wishes to announce that the Company has on 30 September 2010 received a notification from the following Principal Officer of Goodway's major subsidiary in respect of the dealing in the Company's securities pursuant to Paragraph 14.09(a) of the MMLR. The details of the aforesaid dealing are as stated in the table below.
This announcement is dated 30 September 2010.
COMCORP - Change in Boardroom
Announcement Type: Change in Boardroom
Company Name: COMINTEL CORPORATION BHD
Stock Name: COMCORP
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: Wong Mun Wai
Age: 53
Nationality: Malaysian
Qualifications: Fellow member of The Chartered Association of Certified Accountants (FCCA)
Associates of The Institute of Chartered Secretaries and Administrators (ACIS)
Member of Malaysian Institute of Accountants (MIA)
Working experience and occupation: Audit and Accounting profession with Horwath and Horwath from 1981 to 1988
Audit and Accounting profession with Moore Rowlands from 1989 to 1993
Senior Finance Manager cum Company Secretary in Insas Berhad from 1993 to 1996
Chief Operating Officer and Executive Director in Hai Ming Holdings Berhad from 1997 to 2003
Independent Director of Online One Berhad from 2006 to 2008
Managing a consultancy firm, affiliation with Nexia International from 2008 to current
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Mr Wong Mun Wai is also appointed Chairman of Audit Committee and Member of the Nomination Committee.
Company Name: COMINTEL CORPORATION BHD
Stock Name: COMCORP
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Director
Directorate: Independent & Non Executive
Name: Wong Mun Wai
Age: 53
Nationality: Malaysian
Qualifications: Fellow member of The Chartered Association of Certified Accountants (FCCA)
Associates of The Institute of Chartered Secretaries and Administrators (ACIS)
Member of Malaysian Institute of Accountants (MIA)
Working experience and occupation: Audit and Accounting profession with Horwath and Horwath from 1981 to 1988
Audit and Accounting profession with Moore Rowlands from 1989 to 1993
Senior Finance Manager cum Company Secretary in Insas Berhad from 1993 to 1996
Chief Operating Officer and Executive Director in Hai Ming Holdings Berhad from 1997 to 2003
Independent Director of Online One Berhad from 2006 to 2008
Managing a consultancy firm, affiliation with Nexia International from 2008 to current
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Remarks: Mr Wong Mun Wai is also appointed Chairman of Audit Committee and Member of the Nomination Committee.
COMCORP - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: COMINTEL CORPORATION BHD
Stock Name: COMCORP
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Wong Mun Wai
Age: 53
Nationality: Malaysian
Qualifications: Fellow member of The Chartered Association of Certified Accountants (FCCA)
Associates of The Institute of Chartered Secretaries and Administrators (ACIS)
Member of Malaysian Institute of Accountants (MIA)
Working experience and occupation: Audit and Accounting profession with Horwath and Horwath from 1981 to 1988
Audit and Accounting profession with Moore Rowlands from 1989 to 1993
Senior Finance Manager cum Company Secretary in Insas Berhad from 1993 to 1996
Chief Operating Officer and Executive Director in Hai Ming Holdings Berhad from 1997 to 2003
Independent Director of Online One Berhad from 2006 to 2008
Managing a consultancy firm, affiliation with Nexia International from 2008 to current
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Composition of Audit Committee (Name and Directorate of members after change): Mr Wong Mun Wai (Independent & Non-Executive) - Chairman
Dato' Ramli bin Abd Rahman (Independent & Non-Executive) - Member
Mr Koh Kek Hoe (Independent & Non-Executive) - Member
Ms Lee Chai Bee (Independent & Non-Executive) - Member
Remarks: With the appointment of Mr Wong Mun Wai, the Company is in compliance with Paragraph 15.09(1)(c) of the Listing Requirements and Mr Wong is also appointed a Member of the Nomination Committee.
Company Name: COMINTEL CORPORATION BHD
Stock Name: COMCORP
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Appointment
Designation: Chairman of Audit Committee
Directorate: Independent & Non Executive
Name: Wong Mun Wai
Age: 53
Nationality: Malaysian
Qualifications: Fellow member of The Chartered Association of Certified Accountants (FCCA)
Associates of The Institute of Chartered Secretaries and Administrators (ACIS)
Member of Malaysian Institute of Accountants (MIA)
Working experience and occupation: Audit and Accounting profession with Horwath and Horwath from 1981 to 1988
Audit and Accounting profession with Moore Rowlands from 1989 to 1993
Senior Finance Manager cum Company Secretary in Insas Berhad from 1993 to 1996
Chief Operating Officer and Executive Director in Hai Ming Holdings Berhad from 1997 to 2003
Independent Director of Online One Berhad from 2006 to 2008
Managing a consultancy firm, affiliation with Nexia International from 2008 to current
Directorship of public companies (if any): Nil
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Any conflict of interests that he/she has with the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
Composition of Audit Committee (Name and Directorate of members after change): Mr Wong Mun Wai (Independent & Non-Executive) - Chairman
Dato' Ramli bin Abd Rahman (Independent & Non-Executive) - Member
Mr Koh Kek Hoe (Independent & Non-Executive) - Member
Ms Lee Chai Bee (Independent & Non-Executive) - Member
Remarks: With the appointment of Mr Wong Mun Wai, the Company is in compliance with Paragraph 15.09(1)(c) of the Listing Requirements and Mr Wong is also appointed a Member of the Nomination Committee.
COMCORP - Change in Audit Committee
Announcement Type: Change in Audit Committee
Company Name: COMINTEL CORPORATION BHD
Stock Name: COMCORP
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Redesignation
Previous Position: Chairman of Audit Committee
New Position: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Dato' Ramli bin Abd Rahman
Age: 62
Nationality: Malaysian
Qualifications: Graduated from University of Malaya
Working experience and occupation: 1974-1976 Border Security Officer charged with the responsibility of managing and coordinating civilian support for the campaign against the Communist Party of Malaya at the Common Malaysia-Thai Border.
1980-1986 Under Secretary (Finance) Ministry of Home Affairs responsible for the Ministry's financial management.
1987-1993 Director General of RELA (Ikatan Relawan Rakyat Malaysia) under the Ministry of Home Affairs.
1994-1996 Deputy Secretary, National Security Council, Prime Minister's Department, the highest policy making body in
national security and defence matters.
1998-2000 Under Secretary (Project Management/Finance/Procurement) Ministry of Home Affairs, responsible for managing the ministry's development programme, financial management and logistical support.
2000-2003 Director, Federal Development Department, Prime Minister's Department in charge of coordinating and
implementing the Federal Government's development programme in the state of Kelantan as well as leading the Federal Government's Civil Service in the state.
2003-2004 Director General, National Anti Narcotics Agency, Ministry of Internal Security.
Directorship of public companies (if any): NIL
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): Mr Wong Mun Wai (Independent & Non-Executive) - Chairman
Dato' Ramli bin Abd Rahman (Independent & Non-Executive) - Member
Mr Koh Kek Hoe (Independent & Non-Executive) - Member
Ms Lee Chai Bee (Independent & Non-Executive) - Member
Company Name: COMINTEL CORPORATION BHD
Stock Name: COMCORP
Date Announced: 30/09/2010
Announcement Detail:
Date of change: 01/10/2010
Type of change: Redesignation
Previous Position: Chairman of Audit Committee
New Position: Member of Audit Committee
Directorate: Independent & Non Executive
Name: Dato' Ramli bin Abd Rahman
Age: 62
Nationality: Malaysian
Qualifications: Graduated from University of Malaya
Working experience and occupation: 1974-1976 Border Security Officer charged with the responsibility of managing and coordinating civilian support for the campaign against the Communist Party of Malaya at the Common Malaysia-Thai Border.
1980-1986 Under Secretary (Finance) Ministry of Home Affairs responsible for the Ministry's financial management.
1987-1993 Director General of RELA (Ikatan Relawan Rakyat Malaysia) under the Ministry of Home Affairs.
1994-1996 Deputy Secretary, National Security Council, Prime Minister's Department, the highest policy making body in
national security and defence matters.
1998-2000 Under Secretary (Project Management/Finance/Procurement) Ministry of Home Affairs, responsible for managing the ministry's development programme, financial management and logistical support.
2000-2003 Director, Federal Development Department, Prime Minister's Department in charge of coordinating and
implementing the Federal Government's development programme in the state of Kelantan as well as leading the Federal Government's Civil Service in the state.
2003-2004 Director General, National Anti Narcotics Agency, Ministry of Internal Security.
Directorship of public companies (if any): NIL
Family relationship with any director and/or major shareholder of the listed issuer: NIL
Any conflict of interests that he/she has with the listed issuer: NIL
Details of any interest in the securities of the listed issuer or its subsidiaries: NIL
Composition of Audit Committee (Name and Directorate of members after change): Mr Wong Mun Wai (Independent & Non-Executive) - Chairman
Dato' Ramli bin Abd Rahman (Independent & Non-Executive) - Member
Mr Koh Kek Hoe (Independent & Non-Executive) - Member
Ms Lee Chai Bee (Independent & Non-Executive) - Member
RESINTC - RESINTECH BERHAD ("RESINTECH" OR "COMPANY") PROPOSED BONUS ISSUE
Announcement Type: General Announcement
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: RESINTECH BERHAD
Stock Name: RESINTC
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: RESINTECH BERHAD ("RESINTECH" OR "COMPANY")
PROPOSED BONUS ISSUE
Contents: (Unless otherwise stated, definitions or terms used herein shall have the same meanings as that provided in the announcement of Resintech dated 27 August 2010.)
We refer to the announcement dated 27 August 2010 in relation to the Proposed Bonus Issue.
On behalf of the Board of Directors of Resintech, MIMB Investment Bank Berhad wishes to announce that an application in relation to the listing of and quotation for the new Resintech Shares to be issued pursuant to the Proposed Bonus Issue has been submitted to Bursa Malaysia Securities Berhad on 30 September 2010.
This announcement is dated 30 September 2010.
Submitting Merchant Bank: MIMB INVESTMENT BANK BERHAD
Company Name: RESINTECH BERHAD
Stock Name: RESINTC
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: RESINTECH BERHAD ("RESINTECH" OR "COMPANY")
PROPOSED BONUS ISSUE
Contents: (Unless otherwise stated, definitions or terms used herein shall have the same meanings as that provided in the announcement of Resintech dated 27 August 2010.)
We refer to the announcement dated 27 August 2010 in relation to the Proposed Bonus Issue.
On behalf of the Board of Directors of Resintech, MIMB Investment Bank Berhad wishes to announce that an application in relation to the listing of and quotation for the new Resintech Shares to be issued pursuant to the Proposed Bonus Issue has been submitted to Bursa Malaysia Securities Berhad on 30 September 2010.
This announcement is dated 30 September 2010.
WZSTEEL - WZ STEEL BERHAD - NOTICE OF THE SIXTH ANNUAL GENERAL MEETING
Announcement Type: General Announcement
Company Name: WZ STEEL BERHAD
Stock Name: WZSTEEL
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: WZ STEEL BERHAD
- NOTICE OF THE SIXTH ANNUAL GENERAL MEETING
Contents: We wish to announce that the Sixth Annual General Meeting of WZ Steel Berhad will be held at Langkawi Room, Bukit Jalil Golf & Country Resort, Jalan 3/155B, Bukit Jalil, 57000 Kuala Lumpur on Monday, 25 October 2010 at 10:00 a.m.
Please refer to the attached file for the Notice of the Sixth Annual General Meeting.
This announcement is dated 30 September 2010.
Attachments: WZ STEEL AGM 2010.pdf
Company Name: WZ STEEL BERHAD
Stock Name: WZSTEEL
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: WZ STEEL BERHAD
- NOTICE OF THE SIXTH ANNUAL GENERAL MEETING
Contents: We wish to announce that the Sixth Annual General Meeting of WZ Steel Berhad will be held at Langkawi Room, Bukit Jalil Golf & Country Resort, Jalan 3/155B, Bukit Jalil, 57000 Kuala Lumpur on Monday, 25 October 2010 at 10:00 a.m.
Please refer to the attached file for the Notice of the Sixth Annual General Meeting.
This announcement is dated 30 September 2010.
Attachments: WZ STEEL AGM 2010.pdf
SHH - General Announcement
Announcement Type: General Announcement
Company Name: SHH RESOURCES HOLDINGS BERHAD
Stock Name: SHH
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: Extension of time to comply with the Public Shareholding Spread Requirement pursuant to Paragraph 8.02(1) of the Listing Requirement of Bursa Malaysia Securities Berhad
Contents: Further to our announcement on 30 August 2010, SHH Resources Holdings Berhad ("SHH" or the "Company") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Malaysia") has on 21 July 2010 granted an extension of time of three (3) months until 30 September 2010 for the Company to comply with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirement.
As at 27 September 2010, the public shareholding spread of the Company is 23.36%. This percentage represents a shortfall of 1.64% from the minimum percentage of 25% of the total issued and paid up share capital of the Company. As such, the Company does not comply with Paragraph 8.02(1) of the Listing Requirement of Bursa Malaysia for main market whereby at least 25% of its total issued shares are in the hand of public shareholders.
Pursuant to the above, the Company has submitted an application on 28 September 2010 to seek the approval of Bursa Malaysia for a further extension of time to comply with the public shareholding spread.
The Company is still in the process of formulating and finalising a formal rectification plan which may include, inter-alia:
(a) encouraging the Company's employees, customers and suppliers to invest in the Company.
(b) promoting the Company and its business activities to increase the Company's publicity and awareness amongst the general public and its business associates.
(c) pursuading the directors and major shareholders of the Company to sell some shares in the open market to increase the percentage of Public Shareholding Spread.
Company Name: SHH RESOURCES HOLDINGS BERHAD
Stock Name: SHH
Date Announced: 30/09/2010
Announcement Detail:
Type: Announcement
Subject: Extension of time to comply with the Public Shareholding Spread Requirement pursuant to Paragraph 8.02(1) of the Listing Requirement of Bursa Malaysia Securities Berhad
Contents: Further to our announcement on 30 August 2010, SHH Resources Holdings Berhad ("SHH" or the "Company") wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Malaysia") has on 21 July 2010 granted an extension of time of three (3) months until 30 September 2010 for the Company to comply with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirement.
As at 27 September 2010, the public shareholding spread of the Company is 23.36%. This percentage represents a shortfall of 1.64% from the minimum percentage of 25% of the total issued and paid up share capital of the Company. As such, the Company does not comply with Paragraph 8.02(1) of the Listing Requirement of Bursa Malaysia for main market whereby at least 25% of its total issued shares are in the hand of public shareholders.
Pursuant to the above, the Company has submitted an application on 28 September 2010 to seek the approval of Bursa Malaysia for a further extension of time to comply with the public shareholding spread.
The Company is still in the process of formulating and finalising a formal rectification plan which may include, inter-alia:
(a) encouraging the Company's employees, customers and suppliers to invest in the Company.
(b) promoting the Company and its business activities to increase the Company's publicity and awareness amongst the general public and its business associates.
(c) pursuading the directors and major shareholders of the Company to sell some shares in the open market to increase the percentage of Public Shareholding Spread.
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