|Contents||Reference is made to the Company’s announcement dated 22 November 2007, 29 November 2007 and 10 December 2007 in relation to the Proposals. |
On behalf of the Board of Directors of Wellcall, RHB Investment Bank Berhad (“RHB Investment Bank”) is pleased to announce that the Securities Commission (“SC”) had vide its letter dated 4 January 2008 (which was received on 8 January 2008) approved Wellcall’s proposal to transfer the listing of and quotation for its entire issued and paid-up share capital from the Second Board to the Main Board of Bursa Malaysia Securities Berhad (“Bursa Securities”) subject to the following conditions:
(i) The transfer of the listing status can only be implemented upon Wellcall complying with the minimum paid-up capital requirement of RM60,000,000 for listing on the Main Board of Bursa Securities;
(ii) RHB Investment Bank / Wellcall to comply all the requirements pertaining to the implementation of the Proposal as stipulated in the Policies and Guidelines on Issue/Offer of SC; and
(iii) RHB Investment Bank / Wellcall to inform SC upon completion of the proposal.
This announcement is dated 8 January 2008.