SENDAI

0.250

(%)

PUBLIC SHAREHOLDINGS SPREAD

EVERSENDAI CORPORATION BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description
Eversendai Corporation Berhad (the "Company") Status Announcement of Public Shareholding Spread pursuant to Paragraph 3.3 of Practice Note 19 ("PN 19") of the Main Market Listing Requirements ("LR") of Bursa Malaysia Securities Berhad ("Bursa Securities")

We refer to the announcements dated 22 February 2018, 9 March 2018, 11 July 2018, 5 December 2018, 28 January 2019, 30 May 2019, 13 August 2019 , 4 September 2019 , 12 February 2020, 28 February 2020, 30 June 2020, 23 July 2020, 30 November 2020 and 8 March 2020 in relation to the Company’s non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the LR of Bursa Securities (“Announcements”).

The Board of Directors of the Company wishes to announce the following Status Announcement in conjunction with the release of the Company’s quarterly results for the fourth quarter of the financial year ending 31 December 2020, pursuant to Paragraph 3.3 of PN 19 of the LR of Bursa Securities:-

(i) As at the date of this announcement, the Company's public shareholding spread is 23.67%.

(ii) The Company is still in the midst of evaluating various alternatives to address the shortfall in the public shareholding spread requirement and will make the relevant announcement on the Company’s finalized plan to address the non-compliance in due course.

(iii) Bursa Securities, vide its letter dated 5 March 2021, has granted the Company an extension of time of six (6) months until 30 June 2021 to comply with the public shareholding spread requirement.

 

This announcement is dated 31 March 2021.

 






Announcement Info

Company Name EVERSENDAI CORPORATION BERHAD
Stock Name SENDAI
Date Announced 31 Mar 2021
Category General Announcement for PLC
Reference Number GA1-29032021-00107