Azam Jaya Berhad
Date: 28 May 2026
Azam Jaya Berhad (“AJB” or “the Company”) wishes to provide an update on its compliance with the Public Shareholding Spread (“PSS”) requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Securities”).
Current Status
As at the date of this announcement, the Company’s public shareholding spread stands at:
19.95%
This level is below the minimum requirement of 25%, and as such, the Company remains non-compliant with the PSS requirement.
Background
The Company had previously announced its non-compliance with the PSS requirement on the following dates:
- 23 January 2026
- 27 February 2026
- 3 March 2026
- 16 April 2026
- 17 April 2026
Subsequently, on 15 May 2026, the Company announced a Proposed Private Placement of up to 20% of its issued shares, aimed at addressing the shortfall in public shareholding.