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GRAND-FLO SOLUTION BERHAD (“GRAND-FLO” OR “COMPANY”) PROPOSED LISTING OF SIMAT TECHNOLOGIES PUBLIC COMPANY LIMITED (formerly known as Simat Mobile Computer Co., Ltd.) ("SIMAT") A SUBSIDIARY COMPANY OF GRAND-FLO, ON THE MARKET FOR ALTERNATIVE INVESTMENT IN THAILAND (“PROPOSED LISTING”)

GRAND-FLO SOLUTION BERHAD

Type

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

PROPOSED LISTING OF SIMAT TECHNOLOGIES PUBLIC COMPANY LIMITED (formerly known as Simat Mobile Computer Co., Ltd.) ("SIMAT") A SUBSIDIARY COMPANY OF GRAND-FLO, ON THE MARKET FOR ALTERNATIVE INVESTMENT IN THAILAND (“PROPOSED LISTING”)

Contents :

Further to the announcement dated 30 October 2007, on behalf of the Board of Directors of Grand-Flo, Kenanga Investment Bank Berhad (formerly known as K & N Kenanga Bhd) wishes to announce that Simat has allotted 18,750,000 new ordinary shares with par value of Baht 1.00 each at an issue price of Baht 3.80 per share pursuant to its public issue under the Proposed Listing.


In addition, on 7 December 2007, the Stock Exchange of Thailand has approved the listing of Simat’s entire issued and paid-up share capital of 75,000,000 ordinary shares of Baht 1.00 each, to be traded on the Market for Alternative Investment in Thailand with the trading name of “SIMAT” commencing from 12 December 2007.

This announcement is dated 7 December 2007.



Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced7 Dec 2007  
CategoryGeneral Announcement
Reference NoO&-071207-62794





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