(Unless otherwise defined, abbreviations and definitions used in this announcement shall have the same meanings as those defined in the Company's announcements dated 24 April 2026 and 5 June 2026 in relation to the unconditional mandatory take-over offer by Gan Kok Xan ("Offeror") through Malacca Securities Sdn Bhd to acquire all the remaining ordinary shares in PRB not already owned by the Offeror and persons acting in concert with him ("Offer Shares") for a cash consideration of RM0.84 per Offer Share ("Offer"), the offer document dated 15 May 2026 in relation to the Offer ("Offer Document").)
We refer to the announcement dated 9 June 2026 in relation to the above matter.
The Board of Directors of the Company wishes to announce that, following further verification of the Company's Record of Depositors as at 8 June 2026, the public shareholding spread of PRB stood at 28.56% instead of 21.86% as previously announced.
The revision was made following the receipt of additional information and confirmation in relation to the omnibus account in the Company's Record of Depositors as at 8 June 2026. Upon verification, the omnibus account was confirmed to be held by a non-substantial shareholder and, accordingly, the shares held therein qualify as public shareholdings for the purpose of computing the Company's public shareholding spread.
Accordingly, the Company is in compliance with the minimum public shareholding spread requirement of 25% as prescribed under Rule 8.02(1) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad upon the completion of the Offer.
This announcement is dated 23 June 2026.