General Announcement

27/07/2007

PUBLIC SHAREHOLDING SPREAD PURSUANT TO RULE 8.15(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET (MMLR)

EXCEL FORCE MSC BERHAD

Type

Announcement
SubjectPUBLIC SHAREHOLDING SPREAD PURSUANT TO RULE 8.15(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET (MMLR)

Contents :

    (For consistency purposes, the abbreviations used throughout this announcement shall have the same meaning as previously defined in the announcements dated 27 June 2007 and 13 July 2007)

    Reference is drawn to the announcement made on 27 June 2007 and 13 July 2007 in relation to the above mentioned matter.

    The Company had on 27 June 2007 announced that the Companys public shareholding spread according to the Record of Depositors of EFMB as at 20 June 2007 was 49.15% in the hands of 500 public shareholders holding not less than 100 shares each. The Company had complied with the minimum public spread of 25% but did not meet the minimum of 1,000 public shareholders holding not less than 100 shares each.

    As such, the Company had on 28 June 2007 applied to Bursa Securities for an extension of time of one (1) year up to 30 June 2008 to comply with the Required Public Shareholding Spread.

    On 13 July 2007, the Company announced that its public shareholding spread according to the Record of Depositors of EFMB as at 29 June 2007 was 49.15% in the hands of 496 public shareholders holding not less than 100 shares each.

    Further thereto, the Company is pleased to announce that Bursa Securities had vide its letter dated 25 July 2007, which was received on 26 July 2007, granted the Company an extension of time of six (6) months from 2 July 2007 until 1 January 2008 to comply with the Required Public Shareholding Spread.

    The Company will continually monitor and endeavour to rectify its public shareholding spread requirements.

    On 23 July 2007, the Company announced the proposed plan to undertake a bonus issue of up to 40,000,000 bonus shares, to be credited as fully paid up on the basis of one (1) bonus share for every two (2) existing shares held by shareholders whose name appear in the Record of Depositors of the Company on an entitlement date to be determined and announced later. The proposed bonus issue is expected to improve the liquidity and marketability of the Companys shares as a result of an increase in the number of shares available. The Company is currently in the midst of preparing all documentation in relation to this proposal and will make the necessary announcements in due course.

    This announcement is dated 27 July 2007.

Announcement Info

Company NameEXCEL FORCE MSC BERHAD (MESDAQ Market) 
Stock Name EFORCE
Date Announced27 Jul 2007  
CategoryGeneral Announcement
Reference NoCC-070727-50339



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”)