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ADVANCE INFORMATION MARKETING BERHAD - PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO CHAPTER 8.15(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET

ADVANCE INFORMATION MARKETING BERHAD

Type

Announcement
SubjectADVANCE INFORMATION MARKETING BERHAD
- PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO CHAPTER 8.15(1) OF THE LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD FOR THE MESDAQ MARKET

Contents :

The Board of Directors of Advance Information Marketing Berhad ("the Company") wishes to announce that as at 31st December 2006, the Company did not comply with Chapter 8.15(1) of the Listing Requirements of the Bursa Malaysia Securities Berhad for the Mesdaq Market in relation to the public shareholding spread requirement which states that a listed issuer 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 plublic shareholding spread of the Company as at 31st December 2006 was 56,479,800 ordinary shares of RM0.10 each, representing 36.44% of the total shares issued. However, these shares were held by 866 public shareholders only.


The Company will monitor and review the options available in order to comply with the public shareholding spread requirements by 2nd July 2007

This announcement is dated 12th January, 2007



Announcement Info

Company NameADVANCE INFORMATION MARKETING BERHAD (MESDAQ Market) 
Stock Name AIM    
Date Announced12 Jan 2007  
CategoryGeneral Announcement
Reference NoCC-070111-42157



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