Company Secretary, Agnes Lim reports that the change of name from Bass Consulting Sdn. Bhd. to FORMIS BASS Software Sdn. Bhd. has been effected by the Registrar of Companies effective February 21st, 2007. The name change is in line with the Group's reorganization of its Software business.

Under the reorganization, Formis Software Dynamics and Bass Consulting are merged into a single entity, FORMIS BASS Software. The consolidation announced on December 13th, last year, will affect about 120 employees.  The new consolidated entity is expected to be launched formally in early April 2007.