News

Public Shareholding Spread Requirement Pursuant To Rule 8.15(1) of the Listing Requirements Of Bursa Malaysia Securities Berhad ("Bursa Securities") For The Mesdaq Market ("MMLR")

As announced on 4 February 2008, Bursa Securities had granted TECHNODEX an extension of time of six (6) months from 2 January 2008 until 1 July 2008 to comply with the Public Shareholding Spread Requirement.

The public shareholding spread based on the Record of Depositors of TECHNODEX as at 11 June 2008 is as follows:-

Number of public shareholders : 650
Percentage (%) of public spread : 41.17%

The Company had continuously conducted activities in promoting the Company to various prospective institutional and/or individual investors in order to meet the minimum public shareholding spread as required under Rule 8.15 of the MMLR. However, the Company is still unable to meet the minimum of 1,000 public shareholders holding not less than 100 shares each as required under Rule 8.15 of the MMLR.

In this connection, the Company has on 1 July 2008 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 of the MMLR which requires the Company to have a minimum of 1,000 public shareholders holding not less than 100 shares each.

This announcement is dated 1 July 2008.