General Announcement

03/07/2006

EXCEL FORCE MSC BERHAD (Excel Force or Company) Public shareholding spread requirement pursuant to Rule 8.15 of the revamped Listing Requirements of Bursa Malaysia Securities Berhad (Securities Exchange) for the MESDAQ Market (Revamped MMLR)

EXCEL FORCE MSC BERHAD

Type

Announcement
SubjectEXCEL FORCE MSC BERHAD (Excel Force or Company)
Public shareholding spread requirement pursuant to Rule 8.15 of the revamped Listing Requirements of Bursa Malaysia Securities Berhad (Securities Exchange) for the MESDAQ Market (Revamped MMLR)

Contents :

    The Board of Directors of Excel Force wishes to inform that the Company has, on 3 July 2006, notified the Securities Exchange that the Company does not comply with Rule 8.15(1) of the Revamped MMLR (which came into effect on 3 July 2006) which stipulates that a listed company must ensure that at least 25% of its total listed shares are in the hands of a minimum of 1,000 public shareholders holding not less than 100 shares each.

    The number of public shareholders of Excel Force based on its Record of Depositors as at 20th June 2006 was 378 and the public shareholding spread was 37.6%.

    As a transitional measure, the Securities Exchange has given a timeframe for compliance in respect of Rule 8.15 of the Revamped MMLR, stipulating that all listed companies subject to the Revamped MMLR must ensure that their public shareholding spread complies with the minimum spread requirements under Rule 8.15 of the Revamped MMLR by 2 July 2007.

    The Board of Directors of Excel Force will consider the options available to the Company and shall endeavour to meet the public shareholding spread requirement as prescribed under Rule 8.15(1) of the Revamped MMLR within the given timeframe. Further announcement will be made to the Securities Exchange once a decision has been reached.

    This announcement is dated 3 July 2006.

Announcement Info

Company NameEXCEL FORCE MSC BERHAD (MESDAQ Market) 
Stock Name EFORCE
Date Announced3 Jul 2006  
CategoryGeneral Announcement
Reference NoCC-060703-58457

Related Announcements for EFORCE
Date Title
03/04/2015 Kuala Lumpur High Court Guaman No. 22IP-5-03/2015 Writ of Summon and Statement of Claim - Capital Market Risk Advisor Sdn. Bhd. ("Writ of Summon")
01/04/2015 OTHERS Kuala Lumpur High Court Guaman No. 22IP-5-03/2015 Writ of Summon and Statement of Claim - Capital Market Risk Advisor Sdn. Bhd.
11/11/2014 OTHERS INVESTMENT IN A NEW SUBSIDIARY, WINVEST GLOBAL SDN. BHD.
25/07/2014 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
25/07/2014 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
24/07/2014 MULTIPLE PROPOSALS EXCEL FORCE MSC BERHAD (“EXCEL FORCE” OR “COMPANY”) (I) PROPOSED BONUS ISSUE OF WARRANTS; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
16/07/2014 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
04/07/2014 OTHERS PROPOSED INVESTMENT IN WINVEST GLOBAL SDN. BHD.
02/07/2014 DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS): DEALINGS OUTSIDE CLOSED PERIOD
01/07/2014 MULTIPLE PROPOSALS EXCEL FORCE MSC BERHAD (“EXCEL FORCE” OR “COMPANY”) (I) PROPOSED BONUS ISSUE OF WARRANTS; (II) PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) PROPOSED M&A AMENDMENTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)