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Dayang Enterprise Holdings Bhd (" Dayang " Or "the Company") -public Shareholding Spread Pursuant To Paragraph 8.15(1) of The Listing Requirements Of Bursa Malaysia Securities Berhad

BackJul 24, 2008

General Announcement
Reference No DE-080724-41593

Company Name
:
DAYANG ENTERPRISE HOLDINGS BERHAD 
Stock Name
:
DAYANG
Date Announced
:
24/07/2008


Type
:
Announcement
Subject
:
Dayang Enterprise Holdings Bhd (" Dayang " or "The Company")
-Public Shareholding Spread Pursuant to Paragraph 8.15(1) of the Listing Requirements of Bursa Malaysia Securities
Berhad

Contents
:
The Company's announcement on 11 July 2008 refers.

The Company wishes to announce that Bursa Malaysia Securities Berhad has via its letter dated 22 July 2008 granted the Company an extension of time of six (6) months to comply with the public shareholding spread requirement pursuant to paragraph 8.15(1) of the Listing Requirement..

The duration of the extension of time of six months is from 1 July 2008 until 31 December 2008.

The level of public shareholding spread of Dayang as at 30 June 2008 is as follows:

Number of public shareholders holding not less than 100 shares : 3118
Percentage of public shareholding spread : 24.0%

The Company will be taking various steps to meet the required public shareholding spread which includes amongst others, the following:-

1. To advice Directors and substantial shareholders and/or their associates to sell down their shares and to refrain from increasing their shareholdings until the company had regularised its public shareholding spread requirement.

2 To encourage direct contact with potential investors by creating better awareness and understanding of the company's business by updating them with the company's performance and growth in the near future.

3. To improve sharholders and investors relationship by improving publicity of the company and a wider circulation of the company's information via timely announcements as and when there are matters to be announced by the company.

This announcement is dated 24 July 2008.