General Announcement

29/09/2006

SANICHI TECHNOLOGY BERHAD ("Sanichi" or "Company") Status on property located at Lot No. PTD 44617, Mukim of Pulai, District of Johor Bahru, bearing the address 26, Jalan Perdagangan 16, Taman Universiti Park, Skudai Johor ("Skudai Property")

SANICHI TECHNOLOGY BERHAD

Type

Announcement
SubjectSANICHI TECHNOLOGY BERHAD ("Sanichi" or "Company")
Status on property located at Lot No. PTD 44617, Mukim of Pulai, District of Johor Bahru, bearing the address 26, Jalan Perdagangan 16, Taman Universiti Park, Skudai Johor ("Skudai Property")

Contents :

We refer to the approval letter from the Securities Commission ("SC") dated 31 March 2006 whereby the SC had imposed the condition that, amongst others, Sanichi is required to perform the following in relation to the Skudai Property:

(a) rectify all structures which are yet to be approved by the relevant authority within 12 months of the date of SC's
approval;

(b) make quarterly announcement to Bursa Malaysia Securities Berhad on the status of the application for
approval/rectification work after the company is listed; and

(c) update the SC on the status of the application for approval/rectification works every quarter until the approval is
obtained/rectification works completed.

In connection with item (b) stated above, we are still awaiting a response from Majlis Perbandaran Johor Bahru Tengah on the building plans of the Skudai Property submitted for approval on 9 May 2006 by the appointed consultant.


This announcement is dated 29 September 2006


Announcement Info

Company NameSANICHI TECHNOLOGY BERHAD (MESDAQ Market) 
Stock Name SANICHI
Date Announced29 Sept 2006  
CategoryGeneral Announcement
Reference NoC&-060929-50877

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