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KHSB
(%)
PUBLIC SHAREHOLDINGS SPREAD
KUMPULAN HARTANAH SELANGOR BERHAD
Type
Announcement
Subject
PUBLIC SHAREHOLDINGS SPREAD
Description
KUMPULAN HARTANAH SELANGOR BERHAD ("KHSB" OR "COMPANY")
- PUBLIC SHAREHOLDINGS SPREAD
We refer to the earlier announcements made since 28 August 2013 in relation to the public shareholding spread of KHSB.
Pursuant to the above, the Board of Directors of KHSB wishes to announce that the percentage of public shareholding spread of KHSB is 6.56% based on the Company’s record of depositors as at 20 November 2013 which has taken into consideration the KHSB shares acquired pursuant to the acceptance of the unconditional take-over offer by AFFIN Investment, on behalf of KDEB to acquire all the remaining KHSB shares not already owned by KDEB and all the new KHSB shares that may be issued prior to the close of the offer arising from the exercise of the outstanding options granted pursuant to KHSB’s employees’ share option scheme.
The trading in the KHSB’s securities has been suspended effected from 9.00 a.m. (Malaysian time) on Friday, 1 November 2013 pursuant to the paragraphs 16.02(2) and 16.02(3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“
Listing Requirements
”), where the public shareholding spread of KHSB is 10% or less of its total listed shares and the Offeror has no intention to maintain the listing status of KHSB pursuant to paragraph 9.19(48) of Listing Requirements.
Furthermore, as mentioned in the various announcements made in relation to the public shareholding spread of KHSB, there will be no rectification plan to be undertaken by KHSB in order to rectify the public shareholding spread of KHSB and KDEB has no intention to maintain the listing status of KHSB on the Main Market of Bursa Malaysia Securities Berhad.
This announcement is dated 21 November 2013.
Announcement Info
Company Name
KUMPULAN HARTANAH SELANGOR BERHAD
Stock Name
KHSB
Date Announced
21 Nov 2013
Category
General Announcement
Reference No
KH-131114-F29DA
View original announcement