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Reference No: PP-090605-59849 |
| Company
Name |
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PACIFICMAS BERHAD |
| Stock
Name |
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PACMAS |
| Date
Announced |
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09-06-2009 |
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| Type |
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Announcement |
| Subject |
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PACIFICMAS BERHAD ("PacificMas" or "the Company")
NON-COMPLIANCE WITH PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02(1) OF THE BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") MAIN MARKET LISTING REQUIREMENTS ("PUBLIC SHAREHOLDING SPREAD REQUIREMENT") |
| Contents |
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We refer to our quarterly status announcement in relation to the non-compliance with the Public Shareholding Spread Requirement made on 21 May 2009 and the announcement on 9 June 2009 with regard to the disposal of 6,100,000 ordinary shares in PacificMas by OCBC Capital (Malaysia) Sdn Bhd ("OCSB") as per Form 29B (Changes in Substantial Shareholder’s Interest).
The said disposal of 6,100,000 ordinary shares in PacificMas by OCSB would increase the public shareholding spread of the Company by 3.57% to 20.04% as per the Record of Depositors as at 4 June 2009. Nevertheless, PacificMas remains not in compliance with the public shareholding spread as less than 25% of its total listed shares are in the hands of public shareholders.
PacificMas wishes to inform that OCSB is currently in negotiations with interested party(ies) to further sell down OCSB’s shareholding in PacificMas in order to comply with the Public Shareholding Spread Requirement.
This announcement is dated 9 June 2009. |
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