PRACTICE NOTE 16 / GUIDANCE NOTE 2 : OTHERS
| SCGM BHD |
| Type | Announcement |
| Subject | PRACTICE NOTE 16 / GUIDANCE NOTE 2 OTHERS |
| Description | SCGM BHD ("SCGM" OR THE "COMPANY")
(I) PROPOSED SPECIAL DIVIDEND;
(II) PROPOSED ACQUISITION;
(III) PROPOSED OFFER FOR SALE; AND
(IV) PROPOSED EXEMPTION
(COLLECTIVELY REFERRED TO AS THE "PROPOSED REGULARISATION PLAN") |
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Reference is made to the Company’s announcements made on 20 March 2024, 16 October 2024, 27 December 2024, 30 December 2024, 31 December 2024, 8 May 2025, 30 May 2025, 24 September 2025 and 14 November 2025 (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Announcements.
On behalf of the Board of Directors of SCGM, Berjaya Securities wishes to announce that the SC had, vide its letter dated 21 January 2026 (which was received on 22 January 2026), informed that the application for an extension of time for the Company to complete the Proposed Regularisation Plan has been approved for 6 months until 28 May 2026, subject to the inclusion of the audited consolidated financial results of Eramas Global Group Sdn Bhd and its subsidiaries for financial year ended 31 December 2025 in the circular to shareholders of SCGM in relation to the Proposed Regularisation Plan. The SC’s approval is granted in accordance with Section 214(2) of the Capital Markets and Services Act 2007, read together with Paragraph 10.01 of the Equity Guidelines. All other terms and conditions of the SC’s approval, as contained in the approval letter received from the SC dated 29 May 2025 remain unchanged.
This announcement is dated 22 January 2026. |
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Announcement Info
| Company Name | SCGM BHD |
| Stock Name | SCGM |
| Date Announced | 22 Jan 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22012026-00065 |