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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 29 March 2022 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 23 May 2022 was 14.25%.

 

Bursa Malaysia Securities Berhad had, vide its letter dated 28 March 2022, granted BLand a further extension of time of 6 months until 22 September 2022 to comply with the approved public shareholding spread of 20% (“Approved Spread”).

 

The Management of BLand is in the midst of exploring and identifying a viable rectification plan to address the shortfall in the Approved Spread. The Company will make the necessary announcement(s) as and when there is any material development on the above.

 

This Announcement is dated 24 May 2022.






Announcement Info

Company Name BERJAYA LAND BERHAD
Stock Name BJLAND
Date Announced 24 May 2022
Category General Announcement for PLC
Reference Number GA1-24052022-00062



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