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KUCHAI DEVELOPMENT BERHAD ("KUCHAI") ~ PUBLIC SHAREHOLDING SPREAD AS AT 31 DECEMBER 2005

KUCHAI DEVELOPMENT BERHAD

Type

Announcement
SubjectKUCHAI DEVELOPMENT BERHAD ("KUCHAI")
~ PUBLIC SHAREHOLDING SPREAD AS AT 31 DECEMBER 2005

Contents :

Pursuant to the letter dated 2 December 2005 issued by Bursa Malaysia Securities Berhad ("Bursa Securities"), Kuchai Development Berhad (“Kuchai” or “Company”) wishes to announce that the public shareholding spread of the Company as at 31 December 2005 is 47.87% comprising 908 public shareholders holding not less than 100 shares each. Although the Company complies with the minimum 25% public shareholding spread, it does not have a minimum of 1,000 public shareholders as required by paragraph 8.15(1) of the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Public Spread Requirement).


In light of the non-compliance with the Public Spread Requirement, on behalf of the Company, Hwang-DBS Securities Berhad had on 22 December 2005 written to Bursa Securities to seek an extension of time until 30 June 2006 for the Company to comply with the Public Spread Requirement. The approval of Bursa Securities for the extension of time is still pending.



Announcement Info

Company NameKUCHAI DEVELOPMENT BERHAD  
Stock Name KUCHAI    
Date Announced13 Jan 2006  
CategoryGeneral Announcement
Reference NoCI-060113-1C27E



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