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Further to the announcement on 27
February 2008, Ire-Tex Corporation Berhad ("ITCB" or "the Company") wishes to
announce that Bursa Malaysia Securities Berhad has via its letter dated 5 March
2008 granted the Company an extension of time of 6 months until 30 June 2008 to
comply with the public shareholding spread requirements pursuant to Paragraph
8.15(1) of the Listing Requirements of Bursa Malaysia Securities Berhad
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The public shareholding spread of the
Company according to the Record of Depositors of ITCB as at 31 December 2007 is
as follows:
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Number of Public Shareholders: 991
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Percentage of public shareholding:
45.00%
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At this juncture, the Company has yet
to formulate a formal rectification plan to increase the number of public
shareholders. However the Company endeavours to formulate a rectification plan
to encourage more public participation in the shares of ITCB and increase the
liquidity of its shares.
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This announcement is dated 5 March 2008.
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