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PUBLIC SHAREHOLDINGS SPREAD

MAXIM GLOBAL BERHAD

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

The Board of Directors of MGB wishes to announce that based on the Record of Depositors as at 29 December 2023, the Company's public shareholding spread was at 24.3122%. As such, the Company does not comply with the public shareholding spread requirement of 25% pursuant to Paragraph 8.02(1) of the LR of Bursa Securities.

 

The percentage represents a shortfall of 0.6878% from the minimum required percentage of 25% of the total listed shares (excluding treasury shares) to be in the hands of public shareholders. 

 

MGB will be applying to Bursa Securities for a 3 months extension of time to rectify the shortfall in the public shareholding spread in due course. 

 

 

 

This announcement is dated 3 January 2024






Announcement Info

Company Name MAXIM GLOBAL BERHAD
Stock Name MAXIM
Date Announced 03 Jan 2024
Category General Announcement for PLC
Reference Number GA1-03012024-00007



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