We refer to the Company's announcements dated 21 October 2025, 24 October 2025 and 21 November 2025 in relation to the public shareholding spread of the Company ("Announcements"). Unless otherwise defined, the terms used in this announcement shall have the same meanings as those defined in the Announcements.
The Board of Directors of the Company wishes to announce that the Company has today submitted an application to Bursa Securities for a further extension of time of two (2) months to comply with the Public Spread Requirement.
Based on the Record of Depositors of the Company as at 13 April 2026, the public shareholding spread of the Company remains at 22.07%, representing a shortfall of 2.93% from the minimum required percentage of 25% of the total listed shares (excluding treasury shares) to be in the hands of public shareholders.
The Company has engaged in discussions with the Offeror and Ultimate Offeror to explore and evaluate possible options to rectify the shortfall in the Public Spread Requirement, taking into consideration the prevailing market conditions as well as the on-going corporate exercise as announced by the Company on 23 December 2025.
The Company will continue to monitor the level of its public shareholding spread and working on the rectification plans to address the shortfall in the Public Spread Requirement.
The Company will make the necessary announcement in relation to the status of the Public Spread Requirement in accordance with the Listing Requirements.
This announcement is dated 14 April 2026.