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GRAND-FLO SOLUTION BERHAD ("GRAND-FLO" OR "THE COMPANY") - PUBLIC SHAREHOLDING SPREAD PURSUANT TO RULE 8.15(1) OF THE REVAMPED LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET ("REVAMPED MMLR")

GRAND-FLO SOLUTION BERHAD

Type

Announcement
SubjectGRAND-FLO SOLUTION BERHAD ("GRAND-FLO" OR "THE COMPANY")
- PUBLIC SHAREHOLDING SPREAD PURSUANT TO RULE 8.15(1) OF THE REVAMPED LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET ("REVAMPED MMLR")

Contents :

The Board of Directors of GRAND-FLO wishes to announce that based on the Record of Depositors of the Company as at 4 July 2006, the public shareholding spread of the Company was 40.93% in the hands of 387 public shareholders holding not less than 100 GRAND-FLO shares each.


Thus, the Company has complied with the minimum Public Spread of 25%, however, did not meet the minimum public shareholders of 1,000 as prescribed under Rule 8.15(1) of the Revamped MMLR.

Pursuant to Bursa Malaysia Securities Berhad's letter dated 8 May 2006, all listed companies listed on MESDAQ Market must ensure that their public shareholding spread complies with the minimum spread requirements under Rule 8.15 of the Revamped MMLR by 2 July 2007. As such, the Company will endeavour to comply with the Rule 8.15(1) on its public shareholding spread by 2 July 2007.

This announcement is dated 6 July 2006



Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced6 Jul 2006  
CategoryGeneral Announcement
Reference NoCM-060706-58037



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