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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 21 September 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 has improved and as at 28 September 2022, it increased to 17.11%.

 

Bursa Malaysia Securities Berhad had, vide its letter dated 20 September 2022, granted BLand further extension of time of 6 months until 22 March 2023 to comply with the approved public shareholding spread of 20% (“Approved Public Spread”).

 

The Board of Directors and the Management of BLand are continuing to explore options to address the shortfall in the Approved Public 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 November 2022.






Announcement Info

Company Name BERJAYA LAND BERHAD
Stock Name BJLAND
Date Announced 24 Nov 2022
Category General Announcement for PLC
Reference Number GA1-23112022-00064




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