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QUARTERLY STATUS ANNOUNCEMENT PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO RULE 8.15 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") FOR THE MESDAQ MARKET ("MMLR")

GRAND-FLO SOLUTION BERHAD

TypeAnnouncement
SubjectQUARTERLY STATUS ANNOUNCEMENT

PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO RULE 8.15 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") FOR THE MESDAQ MARKET ("MMLR")
ContentsIn compliance with paragraph 3.4 of Guidance Note 13/2007 of the MMLR, the 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.

As announced on 29 January 2008, Bursa Securities had granted Grand-Flo an extension of time of six (6) months from 2 January 2008 until 1 July 2008 to comply with the Public Shareholding Spread Requirement.

The Board of Directors will endeavour to formulate a plan to comply with Rule 8.15(1) of the MMLR within the timeframe.

This announcement is dated 27 February 2008.


Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced27 Feb 2008  
CategoryGeneral Announcement
Reference NoCM-080226-52685



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