Further to our announcement dated 3 April 2023, the Board of Directors of Berjaya Land Berhad (“BLand” or “Company”) wishes to announce that the public shareholding spread of the Company as at 24 May 2023 was 13.76%.
Bursa Malaysia Securities Berhad had, via its letter dated 31 March 2023, directed BLand to rectify the shortfall of its approved public shareholding spread requirement of 20% (“Public Spread”) on or before 30 September 2023.
The Board of Directors and the Management of BLand will take necessary measures and avenues to rectify the shortfall of the Public Spread by 30 September 2023.
This Announcement is dated 25 May 2023.