| We refer to our announcements dated 16 July 2008 and 16 September 2008 which stated, amongst others that :- |
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i) |
On 15 July 2008, Bursa Malaysia Securities Berhad (“Bursa Securities”) had granted an extension of time until 25 September 2008 for PacificMas to comply with the Public Shareholding Spread; and |
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ii) |
On 15 September 2008, Bursa Securities had rejected the Company’s proposed rectification plan involving substantial shareholders. |
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| In connection thereto, PacificMas wishes to announce that on 23 September 2008, PacificMas submitted an application to Bursa Securities to allow PacificMas a further extension of time of six (6) months from 26 September 2008 until 25 March 2009 to comply with the Public Shareholding Spread. |
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| This announcement is dated
25 September
2008. |