MFGROUP

0.240

(%)

OTHERS MANFORCE GROUP BERHAD ("MANFORCE" OR THE "COMPANY") PROPOSED TRANSFER OF LISTING FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO THE ACE MARKET OF BURSA SECURITIES ("PROPOSED TRANSFER OF LISTING")

MANFORCE GROUP BERHAD

Type Announcement
Subject OTHERS
Description
MANFORCE GROUP BERHAD ("MANFORCE" OR THE "COMPANY")

PROPOSED TRANSFER OF LISTING FROM THE LEAP MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") TO THE ACE MARKET OF BURSA SECURITIES ("PROPOSED TRANSFER OF LISTING")

Unless otherwise defined, terms used in this announcement shall carry the same meanings as those given to them in the announcements dated 13 March 2025, 17 March 2025, 2 April 2025 and 26 September 2025 in relation to the Proposed Transfer of Listing.

On behalf of the Board, M&A Securities wishes to announce that Bursa Securities had vide its letter dated 19 January 2026, resolved the following: 

(a) to approve the proposed transfer of listing of Manforce from the LEAP Market to the ACE Market of Bursa Securities and quotation for the entire enlarged issued share capital of Manforce comprising 399,978,580 Shares on the ACE Market of Bursa Securities; and

(b) to grant approval-in-principle for registration of the listing prospectus of Manforce. In this regard, M&A Securities is required to provide a confirmation of registration before 12.30 p.m. at least seven (7) market days prior to the intended date of registration.

The Company's Stock Code and ISIN Code will be advised at a later stage.

Manforce and/or M&A Securities are required to comply with the following:

1. Submission of the following information with respect to the moratorium on the shareholdings of the specified shareholders to Bursa Malaysia Depository Sdn Bhd:

(i) Name of shareholders;

(ii) Number of shares; and

(iii) Date of expiry of the moratorium for each block of shares.

2. Approvals from other relevant authorities have been obtained for implementation of the Proposed Transfer of Listing;

3. The Bumiputera equity requirements for public listed companies as approved/exempted by the Securities Commission Malaysia including any conditions imposed thereon;

4. Make the relevant announcements pursuant to Paragraphs 8.1 and 8.2 of Guidance Notes 15 of the ACE Market Listing Requirements;

5. Furnish to Bursa Securities a copy of the schedule of distribution showing compliance with the public shareholding spread requirements based on the entire enlarged issued share capital of Manforce at least one (1) market day prior to the transfer listing date;

6. Furnish to Bursa Securities a confirmation of compliance with Paragraph 2.2(b)(ii)(aa) of Guidance Note 10 of the ACE Market Listing Requirements by all the directors at least 2 market days prior to the transfer listing date, together with copy of the Mandatory Accreditation Programme certificates; 

7. In relation to the public offering to be undertaken by Manforce, please announce at least 2 market days prior to the transfer listing date, the result of the offering including the following:

(i) Level of subscription of public balloting and placement;

(ii) Basis of allotment/allocation;

(iii) A table showing the distribution for placement tranche as per the format prescribed in Bursa Securities’ letter; and

(iv) Disclosure of placees who become substantial shareholders of Manforce arising from the public offering, if any.

M&A Securities must ensure that the overall distribution of the Manforce’s securities is properly carried out to mitigate any disorderly trading in the secondary market; and

8. Manforce/M&A Securities to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities’ approval upon the admission of the Company to the Official List of the ACE Market.

Manforce/M&A Securities are required to ensure full compliance with all requirements as provided under the ACE Market Listing Requirements at all times.

This announcement is dated 19 January 2026.






Announcement Info

Company Name MANFORCE GROUP BERHAD
Stock Name MFGROUP
Date Announced 19 Jan 2026
Category General Announcement for PLC
Reference Number GA1-19012026-00032