General Announcement

25/11/2010

EXCEL FORCE MSC BERHAD (EFMB OR COMPANY) PROPOSED TRANSFER OF THE LISTING AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF EFMB FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (PROPOSED TRANSFER LISTING)

EXCEL FORCE MSC BERHAD

TypeAnnouncement
SubjectEXCEL FORCE MSC BERHAD (EFMB OR COMPANY)

PROPOSED TRANSFER OF THE LISTING AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP SHARE CAPITAL OF EFMB FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD (PROPOSED TRANSFER LISTING)
Contents(All the abbreviations used in this announcement are as defined in our previous announcements dated 14 June 2010 and 25 June 2010.)

With reference to the announcements dated 14 June 2010 and 25 June 2010, Public Investment Bank Berhad (PIVB), on behalf of EFMB, is pleased to announce that the Securities Commission (SC) had vide its letter dated 24 November 2010 (which was received on 25 November 2010), approved the Proposed Transfer Listing under:

(i) Section 212(5) of the Capital Market & Services Act 2007; and

(ii) The equity requirement for public companies.

PIVB is required to inform the SC upon completion of the Proposed Transfer Listing.

The approval of the SC for the Proposed Transfer Listing is subject to the following term and conditions:

Term

Transfer of the listing and quotation for the entire issued and paid-up share capital of EFMB from the ACE Market to the Main Market of Bursa Malaysia Securities Berhad.

Conditions

(i) PIVB / EFMB to fully comply with all the relevant requirements pertaining to the implementation of the Proposed Transfer Listing as stipulated in the SCs Equity Guidelines.

(ii) PIVB / EFMB to fully comply with the conditions imposed pertaining to the waiver sought from compliance with the Prospectus Guidelines  Equity and Debt and Prospectus Guidelines  Procedures for Registration in relation to the Proposed Transfer Listing. Please refer to the attachment of this announcement for further details.

With the approval of the SC, PIVB on behalf of EFMB shall seek the approval of Bursa Malaysia Securities Berhad on the Proposed Transfer Listing in due course.

This announcement is dated 25 November 2010.

Attachments

EFMB Attachment.pdf
57 KB


Announcement Info

Company NameEXCEL FORCE MSC BERHAD (ACE Market) 
Stock Name EFORCE
Date Announced25 Nov 2010  
CategoryGeneral Announcement
Reference NoMM-101125-59325

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