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We act for and on behalf of our client, HELP.
We wish to announce that HELP needs to satisfy compliance with Paragraph 8.15 of the Listing Requirements of Bursa Malaysia Securities Berhad on public shareholding spread based on the Record of Depositors of HELP as at 21 September 2007. Paragraph 8.15(1) of the Listing Requirements of Bursa Malaysia Securities Berhad stipulates that a listed company should have at least 25% of its issued and paid-up capital in the hands of a minimum of 1,000 public shareholders holding not less than 100 shares each.
The public shareholding spread of the Company as at 21 September 2007 was 28.21% in the hands of 677 public shareholders holding not less than 100 shares each. The Company complied with the minimum public spread of 25% but has yet to meet the minimum public shareholders of 1,000.
The Company has submitted an application for the extension of time with Bursa Malaysia Securities Berhad until 31 December 2007 to comply with the required public shareholding spread.
This announcement is dated 2 October 2007.
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