Description |
Pursuant to Paragraph 8.02 of Bursa Malaysia Securities Berhad (“Bursa Securities”) Main Market Listing Requirements of Bursa Securities (“LR”), a listed issuer must ensure that at least 25% of its total listed shares are in the hands of public shareholders (“Public Shareholding Spread Requirement”).
Based on the Register of Shareholders as at 7 February 2014, Sentoria Group Berhad (“Sentoria” or “Company”) would like to announce that the public shareholding spread of the Company is 22.48% which is below the 25% public shareholding spread requirement as set out in Paragraph 8.02 of the LR. Accordingly, the Company is not in compliance with the Public Shareholding Spread Requirement.
The Company has yet to formulate any rectification plan to address the shortfall in the Public Shareholding Spread Requirement but will endeavour to take the necessary actions to comply with the Public Shareholding Spread Requirement in due course. An application to Bursa Securities to seek an extension of time to comply with the Public Shareholding Spread Requirement will be made in due course.
The Company will make the necessary announcements in relation to the status of its efforts to comply with the Public Shareholding Spread Requirement every quarter of its financial year in compliance with the LR.
This announcement is dated 13 February 2014. |