| Contents | TECHNODEX wishes to announce that the Companys public shareholding spread according to the Record of Depositors of TECHNODEX as at 31 December 2007 is as follows:-
Number of Public Shareholders * : 694
Percentage (%) of Public Spread : 39.44
Note:
* Number of public shareholders who each hold not less than 100 shares of RM0.10 each in TECHNODEX.
The Company has complied with the minimum public shareholding spread of 25% but does not comply with the minimum of 1,000 public shareholders pursuant to Rule 8.15(1) of the MMLR ( Requisite Public Spread ).
As announced on 31 December 2007, the Company had on the same date submitted an application to Bursa Securities to request for an extension of time of another six (6) months for the Company to comply with the Rule 8.15(1) of the MMLR.
In the same announcement dated 31 December 2007, it was also stated that, during the past 6 months, the Company had undertaken and completed, amongst others, the following corporate exercises to enhance the liquidity in the trading of TECHNODEX shares:-
(i) a private placement of up to 8,000,000 new ordinary shares of RM0.10 each ( Shares ) in TECHNODEX representing 10% of the existing issued and paid-up share capital of TECHNODEX to investors to be identified ( Proposed Private Placement ). On 22 October 2007, the Company had issued and allotted the total of 8,000,000 placement shares; and
(ii) a bonus issue of up to 96,000,000 new Shares to be credited as fully paid-up to the shareholders of TDEX on the basis of one (1) new Share for every one (1) existing Share held in TECHNODEX ( Proposed Bonus Issue ). 89,122,000 new TECHNODEX shares have been issued and allotted on 10 December 2007 pursuant to the Bonus Issue.
Amongst others, the Company will undertake continuous investor relations programmes in its endeavour to meet the Requisite Public Spread.
This announcement is dated 14 January 2008.
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