SHARES IN AIR-FREIGHT OPERATOR TRANSMILE GROUP ROSE 7.7% TO 7 SEN IN TRADING THIS WEEK. THE COMPANY HAS SUBMITTED AN APPEAL AGAINST THE STOCK EXCHANGE’S DECISION TO DE-LIST THE COMPANY’S SHARES. A STATEMENT READS:

“Kenanga Investment Bank Berhad on behalf of the board of directors of Transmile, wishes to inform that the company had on 2 March 2011 submitted an application to Bursa Securities to appeal against Bursa Securities’ decision to remove the securities of the Company from the Official List of Bursa Securities and to seek an extension of time to submit a regularisation plan to Bursa Securities.” As stated in the announcement, the trading of the securities of Transmile will be suspended with effect from 3 March 2011 but removal of the securities of the company from the official list of Bursa