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GRAND-FLO SOLUTION BERHAD ("GRANFLO") RESEARCH REPORT

GRAND-FLO SOLUTION BERHAD

TypeReply to query
Reply to Bursa Malaysia's
Query Letter - Reference ID
NS-080229-57634
SubjectGRAND-FLO SOLUTION BERHAD ("GRANFLO")
RESEARCH REPORT
ContentsWe refer to your letter dated 29 February 2008 in respect of the above subject matter.

In this connection, please find the following additional information for your attention:-

The Company had spent RM1 million over the last six (6) months on R&D activities for upgrading and refining the Company’s existing products. Going forward, the Group intends to maintain its emphasis on R&D to further improve its current range of products. Pending any circumstances, the Company is expected to benefit from these R&D activities in the future. Lastly, the Company does not have any proceeds from any fund raising exercises which are pending utilisation as at the date of this announcement.

This announcement is dated 3 March 2008.
Query Letter ContentsWe refer to the announcement dated 28 February 2008 in respect of the above
matter.

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa
Securities") with the following additional information for public release:-

Where the Company has undertaken research and development, a brief description
of such research and development, including the following:
- any financial impact on the Company as regards the expenditure and
future allocation for research and development
2. Where applicable, a brief explanation of the status of utilisation of
proceeds raised from any corporate proposal.

Please furnish Bursa Securities with your reply within one (1) market day from
the date hereof.
Yours faithfully

TAN YEW ENG
Head, Issuers
Listing Division, Group Regulations

MZM/NZ
c.c: Encik Chung Tin Fah, Securities Commission


Announcement Info

Company NameGRAND-FLO SOLUTION BERHAD (MESDAQ Market) 
Stock Name GRANFLO    
Date Announced3 Mar 2008  
CategoryGeneral Announcement
Reference NoO&-080303-64819



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