|
27 February 2009
PERWAJA HOLDINGS BERHAD (“PERWAJA / THE COMPANY”) - PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.15 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”)
The Board of Directors of the Company wishes to inform that it has just become aware that based on the Company's Record of Depositors as at 31 December 2008, the public shareholding spread indicated that 24.66% of the total issued and paid-up share capital of the Company is held by 9,381 public shareholders holding not less than 100 shares each.
This represents a shortfall of 0.34% from the minimum percentage of 25% of the total issued and paid-up share capital. Accordingly, the Company does not comply with the public shareholding spread requirement (in terms of the minimum percentage) as stipulated under Paragraph 8.15(1) of the Listing Requirements of Bursa Securities. However, the Company still meets the minimum of 1,000 public shareholders holding not less than 100 shares each requirement.
The Company is taking steps to rectify the shortfall in the public spread requirement, to the extent possible which would contribute to the increase in public spread.
The Company will be applying to Bursa Securities for an extension of time to rectify the shortfall in the public shareholding spread of Perwaja.
This announcement is dated 27 February 2009.
|
