Azam Jaya Berhad (“AJB” or “the Company”) wishes to inform shareholders and the investing public of the status of its public shareholding spread in accordance with Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).
As at 31 December 2025, the Company’s public shareholding spread stood at 20.94%, which is below the required minimum of 25%. This reflects a shortfall of 4.06% from the mandatory public shareholding requirement.
At present, the Company has not finalised a rectification plan to address this shortfall. AJB will be submitting an application to Bursa Securities for an extension of time to comply with the required public shareholding spread.
The Company will continue to monitor the situation closely and will make further announcements as required to update shareholders on the status of compliance.