MHouse wishes to announce that the Company has today received the attached press release from AmInvestment Bank on behalf of the Joint Offerors, informing that as at 5.00p.m. (Malaysian time) on 1 August 2011, the Joint Offerors and person acting in concert with the Joint Offerors (“PAC”) hold 134,726,258 MHouse Shares, representing 93.05% of the issued and paid-up share capital of MHouse (excluding 5,205,184 treasury shares) as a result of valid and complete acceptances received under the Offer.
As a result of the above, the public shareholding spread of MHouse is below 10% of its total listed MHouse Shares. In view that the Joint Offerors do not intend to maintain the listing status of MHouse, the trading of MHouse Shares shall be suspended upon the expiry of five (5) market days from the date of this Announcement pursuant to Paragraph 16.02(3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
A copy of the press release dated 1 August 2011 is attached herewith.
This Announcement is dated 1 August 2011.