| Type | Announcement |
| Subject | DIGI.COM BERHAD ("DIGI" OR "THE COMPANY") - APPEAL ON RECOGNITION OF DIGI’S EXISTING PUBLIC SHAREHOLDINGS AS FULFILLING THE LISTING REQUIREMENTS OF MALAYSIA SECURITIES EXCHANGE BERHAD ("MSEB") PERTAINING TO SHAREHOLDING SPREAD |
Reference is made to the announcement dated 5 December 2003 by AmMerchant Bank Berhad ("AmMerchant Bank") on behalf of DIGI.
AmMerchant Bank, on behalf of DIGI, wishes to announce that MSEB has, vide its letter dated 8 January 2004, advised that the Company will not be required to increase the percentage of public shareholding spread to 25% within a prescribed period of time in view of, amongst others, the current percentage of public shareholding spread of 20.3%. However, DIGI has been advised to use its best endeavours to increase the percentage of public shareholding spread to 25%.
In this connection, DIGI is required to separately notify MSEB in writing immediately, if in conjunction with the preparation of DIGI’s semi-annual returns and/or where DIGI otherwise becomes aware of the following:-
(a) any decrease in the issued and paid-up capital;
(b) any decrease in the percentage of public shareholding spread; and
(c) any decrease in the number of public shareholders.
The above is subject to review by MSEB from time to time.
| Company Name | DIGI.COM BERHAD |
| Stock Name | DIGI |
| Date Announced | 9 Jan 2004 |
| Category | General Announcement |
| Reference No | MM-040109-45127 |
