Announcement
Reference is made to the Company’s announcements dated 23 January 2026 and 27 February 2026 regarding the Company’s non‑compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the MMLR. Unless otherwise stated, all terms used herein shall carry the same meanings as previously defined.
The Board of Directors wishes to announce that Bursa Securities, via its letter dated 2 March 2026, has granted the Company an extension of time of six (6) months — from 17 October 2025 (being the date the non‑compliance was triggered) until 16 April 2026 (“Extension of Time”) — to comply with the public shareholding spread requirement.
As at 31 December 2025, the Company’s public shareholding spread stood at 19.95%, representing a shortfall of 5.05% from the required threshold.
The Company is currently assessing appropriate rectification measures to address the shortfall and to ensure compliance within the Extension of Time granted.
The Company will continue to monitor its public shareholding spread and will make the necessary announcements on the status of compliance in accordance with the MMLR.