General Announcement for PLC

05/12/2018

PUBLIC SHAREHOLDINGS SPREAD

EVERSENDAI CORPORATION BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description 
Eversendai Corporation Berhad (the "Company")
Status Announcement of Public Shareholding Spread pursuant to Paragraph 3.3 of Practice Note 19 ("PN 19") of the Main Market Listing Requirements ("LR") of Bursa Malaysia Securities Berhad ("Bursa Securities")

We refer to the announcements dated 22 February 2018, 9 March 2018 and 11 July 2018 in relation to the Company’s non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the LR of Bursa Securities (“Announcements”).

 

The Board of Directors of the Company wishes to announce the following Status Announcement in conjunction with the release of the Company’s quarterly results for the third quarter of the financial year ending 31 December 2018, pursuant to Paragraph 3.3 of PN 19 of the LR of Bursa Securities:-

 

(i) As at the date of this announcement, the Company's public shareholding spread is 19.43%.

(ii) The Company is in the midst of evaluating various alternatives to address the shortfall in the public shareholding spread requirement and will make the relevant announcement on the Company’s finalized plan to address the non-compliance in due course.

(iii) Bursa Securities, vide its letter dated 10 July 2018, has granted the Company an extension of time of six (6) months until 31 December 2018 to comply with the public shareholding spread requirement. 

 

This announcement is dated 5 December 2018.



Announcement Info

Company Name EVERSENDAI CORPORATION BERHAD
Stock Name SENDAI
Date Announced 05 Dec 2018
Category General Announcement for PLC
Reference Number GA1-03122018-00106


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