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January 9, 2008 |
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FCW HOLDINGS: Completes Restructuring Scheme FCW Holdings Bhd has regularized its financial condition and no longer triggers any of the criteria under Bursa Malaysia Securities Bhd's Amended Practice Note 17/2005 category. In a disclosure with the Bursa Malaysia Securities Berhad, the company further advised that: (a) FCW Holding's additional 139,333,350 new ordinary shares of MYR0.50 each issued pursuant to the Rights Issue was granted listing and quotation with effect from 9:00 a.m. on Jan. 8, 2008; and (b) the company's 55,733,340 Warrants issued pursuant to the Rights Issue was admitted to the Official List of the Exchange and the listing and quotation of the Warrants under the "Loans" sector, on a "Ready" basis pursuant to the Rules of the Exchange, was granted with effect from 9:00 a.m. on Jan. 8, 2008. FCW Holdings's shares resumed trading at 9:00 a.m. on Jan. 8, 2008, with stock number 2755WB, Stock Short Name FCW-WB and ISIN Code MYL2755WBNB5. Headquartered in Selangor Darul Ehsan, Malaysia, FCW Holdings Berhad is principally involved in investment holding, providing management services and trading of telecommunications equipment. Its other activities include renting of communication access, selling and hiring of telecommunications equipment and electronic goods, providing paging services and turnkey contracting. This concludes the TCR-AP's coverage of FCW Holdings until circumstances warrant renewed or further reporting. |
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