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Advance Information Marketing Berhad ("AIM" of the "Company") - Public shareholding spread pursuant to Rule 8.15(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") for the MESDAQ Market ("MMLR") ("Required Public Shareholdings Spread")

ADVANCE INFORMATION MARKETING BERHAD

TypeAnnouncement
SubjectAdvance Information Marketing Berhad ("AIM" of the "Company")
- Public shareholding spread pursuant to Rule 8.15(1) of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") for the MESDAQ Market ("MMLR") ("Required Public Shareholdings Spread")
ContentsWe refer to the announcement dated 7 January 2009 made in relation to the above subject matter.

The Company wishes to announce that Bursa Securities had, vide its letter dated 14 January 2009 granted an extension of time for a period of six (6) months until 30 June 2009 ("Extension Period") to comply with the public shareholding spread requirement.

As at 31 December 2008, the Company's public shareholding spread stood at 37.18% held by 969 public shareholders holding not less than 100 shares each. Hence, the Company has complied with the minimum public spread of 25%, but did not meet the minimum number of public shareholders of 1,000.

In order to meet the public shareholding spread requirement, the Company will continue to monitor the level of public shareholding spread and has taken the necessary steps and undertake the following rectification plans within the Extension Period:-

(a) On 29 May 2008, AIM had applied to Bursa Securities for the Investor Relations Incentive Programme. AIM had obtained the approval from Bursa Securities on 7 July 2008; and

(b) to arrange for briefing and presentation to a number of fund managers and research analysts.



This announcement is dated 15 January 2009.


Announcement Info

Company NameADVANCE INFORMATION MARKETING BERHAD (MESDAQ Market) 
Stock Name AIM    
Date Announced15 Jan 2009  
CategoryGeneral Announcement
Reference NoCC-090115-55532


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