KHIND HOLDINGS BERHAD (7062, KHIND)
DateAug 17 2012
|PUBLIC SHAREHOLDINGS SPREAD|
|EXTENSION OF TIME TO COMPLY WITH THE PUBLIC SHAREHOLDINGS SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02(1)OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
Announcement Details/Table Section :
Reference is made to the announcement dated 22 June 2012, whereby Bursa Malaysia Securities Berhad ("Bursa") has granted Khind Holdings Berhad ("KHIND" or "the Company") an extension of time of three (3) months from 21 May 2012 until 20 August 2012 to comply with the Public Shareholding Spread ("PSS") requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirement ("LR").
The Board of Directors of KHIND wishes to announce that as at 15 August 2012 the PSS was 23.83%. As such, the Company has yet to comply with Paragraph 8.02(1) of the LR. In view thereof, on 17 August 2012, the Company has made an application to Bursa for a further extension of time of six (6) months up to 19 February 2013 to comply with the PSS requirement.
Meanwhile, the Company is continuously exploring various options available in order to comply with the PSS and will make the requisite announcements in relation to the status of its efforts to comply with the PSS requirements in compliance with the LR.