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EDGENTA

3.140

+0.04 (+1.3%)

PUBLIC SHAREHOLDINGS SPREAD

UEM EDGENTA BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description
UEM Edgenta Berhad ("the Company" or "UEM Edgenta")
-  Public Shareholding Spread Requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities")

Further to the announcement dated 25 February 2019, the Board of Directors of the Company wishes to announce that Bursa Securities has today approved UEM Edgenta’s application for acceptance of a lower public shareholding spread of 24.40% in compliance with Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities (“Approved Public Spread”).

Pursuant to the Approved Public Spread, the Company is required to notify Bursa Securities immediately, if in conjunction with the preparation of its semi-annual returns and/or when it becomes aware of the following:-

1. any decrease in the Company’s issued share capital;
2. any decrease in the percentage of public shareholding spread below 24.40%; and
3. if UEM Edgenta’s average market capitalisation based on the daily closing price of the Company’s shares for the preceding 12 months falls below RM1 billion at any point in time.

Based on the above, UEM Edgenta has complied with the Approved Public Spread.

This announcement is dated 21 March 2019.






Announcement Info

Company Name UEM EDGENTA BERHAD
Stock Name EDGENTA
Date Announced 21 Mar 2019
Category General Announcement for PLC
Reference Number GA1-21032019-00045