BJLAND

0.360

-0.01 (-2.7%)

PUBLIC SHAREHOLDINGS SPREAD

BERJAYA LAND BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description
STATUS ANNOUNCEMENT ON COMPLIANCE WITH THE PUBLIC SHAREHOLDING SPREAD REQUIREMENT

Further to our announcement dated 22 March 2021 in relation to the public shareholding spread of Berjaya Land Berhad (“BLand” or “Company”), the Board of Directors of BLand wishes to announce that the public shareholding spread of the Company as at 25 May 2021 stood at 13.51%.

 

Bursa Malaysia Securities Berhad has, vide its letter dated 19 March 2021, granted BLand a further extension of time of 6 months until 22 September 2021 to comply with the approved public shareholding spread of 20%. In view of the rapid increase in Covid-19 cases, Movement Control Orders (MCOs) and the tighter standard operating procedure (SOP) that impact the operations and financial performance of the BLand Group, the Company will need to re-evaluate alternatives to address the said non-compliance.

 

This Announcement is dated 27 May 2021.

 






Announcement Info

Company Name BERJAYA LAND BERHAD
Stock Name BJLAND
Date Announced 27 May 2021
Category General Announcement for PLC
Reference Number GA1-27052021-00065