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GRAND-FLO SOLUTION BERHAD (“GRAND-FLO” OR “COMPANY”) (I) PROPOSED BONUS ISSUE OF UP TO 56,781,600 NEW ORDINARY SHARES OF RM0.10 EACH IN GRAND-FLO (“GRAND-FLO SHARES”) TO BE ISSUED AND CREDITED AS FULLY PAID-UP TO THE SHAREHOLDERS OF GRAND-FLO ON THE BASIS OF ONE (1) NEW GRAND-FLO SHARE FOR EVERY ONE (1) EXISTING GRAND-FLO SHARE HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER; AND (II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF GRAND-FLO FROM RM10,000,000 COMPRISING 100,000,000 GRAND-FLO SHARES TO RM25,000,000 COMPRISING 250,000,000 GRAND-FLO SHARES.

GRAND-FLO SOLUTION BERHAD

Type

Announcement
SubjectGRAND-FLO SOLUTION BERHAD (“GRAND-FLO” OR “COMPANY”)

(I) PROPOSED BONUS ISSUE OF UP TO 56,781,600 NEW ORDINARY SHARES OF RM0.10 EACH IN GRAND-FLO (“GRAND-FLO SHARES”) TO BE ISSUED AND CREDITED AS FULLY PAID-UP TO THE SHAREHOLDERS OF GRAND-FLO ON THE BASIS OF ONE (1) NEW GRAND-FLO SHARE FOR EVERY ONE (1) EXISTING GRAND-FLO SHARE HELD AT AN ENTITLEMENT DATE TO BE DETERMINED LATER; AND

(II) PROPOSED INCREASE IN THE AUTHORISED SHARE CAPITAL OF GRAND-FLO FROM RM10,000,000 COMPRISING 100,000,000 GRAND-FLO SHARES TO RM25,000,000 COMPRISING 250,000,000 GRAND-FLO SHARES.

Contents :

Further to the Company’s announcement dated 23 June 2006, K & N Kenanga Bhd, on behalf of Grand-Flo wishes to announce that the proposed increase in the authorised share capital of Grand-Flo has been completed.


This announcement is dated 3 July 2006.



Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced3 Jul 2006  
CategoryGeneral Announcement
Reference NoO&-060703-57460



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