Reference is made to the Company's announcements dated 23 January 2026, 27 February 2026 and 3 March 2026 in relation to the Company's non-compliance with the public shareholding spread ("PSS") requirement pursuant to Paragraph 8.02(1) of the MMLR of Bursa Securities. Unless otherwise stated, defined terms in this announcement shall carry the same meanings as previously defined.
The Company was granted an EOT until 16 April 2026 to comply with the PSS requirement, as approved by Bursa Securities vide its letter dated 2 March 2026. The Company had on 13 April 2026 submitted an application to Bursa Securities for a further EOT of (6) months until 16 October 2026 for the Company to comply with the PSS requirement. The said application is pending a decision from Bursa Securities. Further announcement will be made upon receiving the decision from Bursa Securities.
As at 27 March 2026, the PSS of AJB stands at 19.95%, a shortfall of 5.05%. The Company will make the relevant announcement on the material development in relation to its rectification plan.
This announcement is dated 16 April 2026.