Public Shareholding Spread Requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”)
Reference is made to the Company’s announcements dated 23 January 2026, 27 February 2026 and 3 March 2026 in relation to the Company’s non‑compliance with the public shareholding spread (“PSS“) requirement pursuant to Paragraph 8.02(1) of the MMLR of Bursa Securities. Unless otherwise stated, defined terms in this announcement shall have the same meanings as previously defined.
The Company was granted an extension of time (“EOT”) until 16 April 2026 to comply with the PSS requirement, as approved by Bursa Securities vide its letter dated 2 March 2026. On 13 April 2026, the Company submitted an application to Bursa Securities for a further EOT of six (6) months, up to 16 October 2026, to enable the Company to comply with the PSS requirement. The said application is currently pending a decision from Bursa Securities.
Further announcement will be made upon receipt of the decision from Bursa Securities.
As at 27 March 2026, the PSS of AJB stands at 19.95%, representing a shortfall of 5.05% from the prescribed requirement. The Company will make the necessary announcement on any material developments in relation to its rectification plan.