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GRAND-FLO SOLUTION BERHAD ("GRAND-FLO" OR "COMPANY") PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN GRAND-FLO REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PROPOSED PRIVATE PLACEMENT")

GRAND-FLO SOLUTION BERHAD

Type

Announcement
SubjectGRAND-FLO SOLUTION BERHAD ("GRAND-FLO" OR "COMPANY")

PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES OF RM0.10 EACH IN GRAND-FLO REPRESENTING UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY ("PROPOSED PRIVATE PLACEMENT")

Contents :

Further to the announcement dated 19 April 2006, K & N Kenanga Bhd on behalf of the Board of Directors of Grand-Flo is pleased to announce that the Foreign Investment Committee via the Securities Commission has approved the Proposed Private Placement.


This announcement is dated 25 May 2006.



Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced25 May 2006  
CategoryGeneral Announcement
Reference NoO&-060525-65364



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