D&O GREEN TECHNOLOGIES BERHAD
D & O GREEN TECHNOLOGIES BERHAD ("D&O” or “the Company")
- Quarterly Status Announcement on Public Shareholding Spread Requirement
Further to our announcement dated 7 October 2010, D&O wishes to inform that it has yet to comply with Paragraph 8.02(1) of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad (“Bursa Securities”) in relation to the public shareholding spread requirement.
Bursa Securities has granted D&O an extension of time of six months until 28 February 2011 to comply with the public shareholding spread.
The Company wishes to inform that as at 30 September 2010, the public shareholding spread of the Company was 24.29% of the issued and paid-up share capital of the Company.
The Company is continuously exploring various options to meet the shortfall in public shareholding spread which include, amongst others, discussion with directors and/or substantial shareholders to sell down their shareholdings, placement and/or offers for sale.
This announcement is dated 24 November 2010.
Announcement Details :
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