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Further to the announcement dated 13 January 2009, the Company wish to announce that Bursa Malaysia Securities Berhad had via its letter dated 4 February 2009 granted the Company a further extension of time of six (6) months until 13 July 2009, to comply with the public shareholding spread requirements pursuant to Paragraph 8.15 (1) of the Listing Requirements (“LR”).
As at 31 December 2008, the Company had 40.62% of the Company’s total shares in the hands of 899 public shareholders holding not less than 100 shares each ("Required Public Shareholdings Spread").
The Company will continue to pursue the following steps for the next 6 months until the Company is in compliance with the LR :-
1. Encourage all employees not already holding shares in the Company to start holding at least 100 shares in the Company. This enables employees to feel that they are participating in the success of the Company in which they are shareholders; and
2. Raise the profile of the Company by engaging with analysts of research houses to inform them of the plan of the Company and also to update them at intervals to ensure that reports on BHS are communicated to the investor community.
This announcement is dated 5 February 2009. |
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