WELLCALL HOLDINGS BERHAD (“WELLCALL” OR “COMPANY”) § PROPOSED BONUS ISSUE § PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL § PROPOSED TRANSFER LISTING (COLLECTIVELY “PROPOSALS”)

WELLCALL HOLDINGS BERHAD

TypeAnnouncement
SubjectWELLCALL HOLDINGS BERHAD (“WELLCALL” OR “COMPANY”)
§ PROPOSED BONUS ISSUE
§ PROPOSED INCREASE IN AUTHORISED SHARE CAPITAL
§ PROPOSED TRANSFER LISTING
(COLLECTIVELY “PROPOSALS”)
ContentsReference 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.


Announcement Info

Company NameWELLCALL HOLDINGS BERHAD  
Stock Name WELLCAL    
Date Announced8 Jan 2008  
CategoryGeneral Announcement
Reference NoMI-080108-63559