General Announcement

23/10/2008

JF TECHNOLOGY BERHAD ("JF TECH" OR "the Company") -PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO RULE 8.15 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR MESDAQ MARKET ("PUBLIC SHAREHOLDING SPREAD")

JF TECHNOLOGY BERHAD

TypeAnnouncement
SubjectJF TECHNOLOGY BERHAD ("JF TECH" OR "the Company")
-PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO RULE 8.15 OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR MESDAQ MARKET ("PUBLIC SHAREHOLDING SPREAD")
ContentsThe Board of Directors of JF TECH wishes to anounce that the public shareholding spread of JF TECH based on the Record of Depositors of the Company as at 13 October 2008 is as follows:-

Percentage of public shareholding - 37.82%
Number of public shareholding holding not less than 100 shares each - 839

Under Rule 8.15(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") for MESDAQ Market ("MMLR"), 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 ("Required Public Shareholding Spread").

In this regard, the Company has on even date submitted an application for extension of time to comply with the public shareholding spread requirements pursuant to Rule 8.15(1) of the MMLR. As at to date, the Company is exploring various options to address the shortfall in the Public Spread Requirement which may include, amongst others the following, which would be depend on the feasibility of such exercise.

1. Management briefing to the employees of the Company with regards to the prospect of the Company to encourage them to invest in the Company.
2. Promotional activities of the business of the Company to increase the Company's publicity and awareness amongst the general public and its business associates.
3. Participating in the Investor Relations activities such as CMDF  Bursa Scheme II.

The Company will continue to monitor its shareholding spread, and explore the above feasible measures as part of its continuing endeavours to comply with the Public Spread Requirement.

This announcement is dated 23 October, 2008.

Announcement Info

Company NameJF TECHNOLOGY BERHAD (MESDAQ Market) 
Stock Name JFTECH
Date Announced23 Oct 2008  
CategoryGeneral Announcement
Reference NoCS-081023-95558

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