• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
Open: Day Range: Prev Close:


PUBLIC SHAREHOLDINGS SPREAD

MAXIM GLOBAL BERHAD

Type Announcement
Subject PUBLIC SHAREHOLDINGS SPREAD
Description
MAXIM GLOBAL BERHAD ("MAXIM" OR THE "COMPANY")

APPLICATION FOR AN EXTENSION OF TIME TO COMPLY WITH THE PUBLIC SHAREHOLDING SPREAD REQUIREMENT PURSUANT TO PARAGRAPH 8.02(1) OF THE MAIN MARKET LISTING REQUIREMENTS ("LR")

We refer to the announcement dated 3 January 2024 in relation to the Company's non-compliance with the public shareholding spread requirement pursuant to Paragraph 8.02(1) of the Listing Requirements of Bursa Securities. 

 

Following the application by the Company on 11 January 2024 to Bursa Securities for an extension of time of three (3) months to comply with public shareholding spread requirement, Bursa Securities had vide its letter dated 22 January 2024 granted the Company an extension of time of three (3) months until 29 March 2024 to comply with the minimum public shareholding spread of 25%. 

 

As at 29 December 2023, the public shareholding spread of the Company was at 24.3122%, a shortfall of about 0.6878%. The Company has yet to formulate any rectification plan to address the shortfall in the minimum public shareholding spread requirement of 25% except (1) the Company is exploring into all possible options and (2) the Company has notified the Company's substantial shareholders of the non-compliance and were urged to take the necessary corrective actions by 29 March 2024. 

 

This announcement is dated 23 January 2024






Announcement Info

Company Name MAXIM GLOBAL BERHAD
Stock Name MAXIM
Date Announced 23 Jan 2024
Category General Announcement for PLC
Reference Number GA1-23012024-00016



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X