As announced on 2 July 2021, Bursa Malaysia Securities Berhad (“Bursa Securities”) had granted a further extension of time of 6 months until 23 January 2022 to comply with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Main Market Listing Requirements.

The Board of Directors of the Company wishes to announce that Bursa Securities has vide its letter dated 22 September 2021 resolved to accept the Company’s current level of Public Shareholding Spread (“PSS”) of 24.13% as in compliance with Paragraph 8.02(1) of the Main Market Listing Requirements of Bursa Securities. 

The Company is required to notify Bursa Securities immediately, if in conjunction with the preparation of the Company’s semi-annual returns and/or where the Company otherwise becomes aware of the following:-

(a) any decrease to the Company’s issued share capital;

(b) any decrease in the percentage of the PSS below 24.13%; and

(c) any decrease of the Company’s average market capitalisation for the preceding 12 months to below RM3 billion at any point in time.

This announcement is dated 23 September 2021.