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Status of Efforts taken to comply with the required 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)
Further to the announcement made on August 22, 2008, the Board of Directors of ViTrox Corporation Berhad ("the Company") wishes to reiterate that Bursa Securities had vide its letter dated August 21, 2008 granted the Company an extension of time of 3 months until October 17, 2008 ("Expiry date of the Extension of Time") to comply with the public shareholding spread requirement pursuant to Rule 8.15(1) of the MMLR.
Subsequent to the announcement made by the Company on its status of compliance with the said Rule on August 29, 2008, the Company had endeavoured to increase the Company's publicity and awareness amongst the investors and the general public aggresively in order to comply with the Public Spread Requirement as soon as possible.
After much efforts, the Company is pleased to inform that it had complied with the said Rule based on the Record of Depositors dated September 25, 2008 and the level of public shareholding spread of the Company derived from the said Record are as follows:-
a) Percentage of Public Shareholdings 26.76%
b) Number of Public Shareholders holding not less than 100 shares each 1,082
Accordingly, pursuant to Item 3.5 of GN13/2007 of the MMLR, the Company is no longer required to make quarterly status announcement upon compliance with Rule 8.15 (1) of the MMLR.
This announcement is dated September 26, 2008.