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GRAND-FLO SOLUTION BERHAD ("THE COMPANY" OR "GRAND-FLO") - RULE 8.15 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET (“MMLR”)

GRAND-FLO SOLUTION BERHAD

TypeAnnouncement
SubjectGRAND-FLO SOLUTION BERHAD ("THE COMPANY" OR "GRAND-FLO")
- RULE 8.15 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET (“MMLR”)
ContentsWe refer to the announcement made in relation to the above subject matter dated 31 December 2007.

Grand-Flo Solution Berhad (“Grand-Flo” or "Company"), wishes to announce that the Company’s public shareholding spread according to the Record of Depositors of Grand-Flo as at 31 December 2007 is as follows:-

Number of Public Shareholders * : 763
Percentage (%) of Public Spread : 44.37%

Note:

* Number of public shareholders who each hold not less than 100 shares of RM0.10 each in Grand-Flo.

The Company has complied with the minimum public shareholding spread of 25% but does not comply with the minimum of 1,000 public shareholders pursuant to Rule 8.15(1) of the MMLR.

Pursuant to Rule 8.15(3) of the MMLR, the Company had on 31 December 2007 submitted an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for a further extension of time until 1 January 2009, being one (1) year from 1 January 2008 (“the timeframe”), to meet the Required Shareholding Spread.

The Board of Directors will endeavour to formulate a plan to comply with Rule 8.15(1) of the MMLR within the timeframe, subject to the approval from Bursa Securities.

This announcement is dated 14 January 2008.





Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced14 Jan 2008  
CategoryGeneral Announcement
Reference NoCM-080114-59086



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