Capital Repayment
| GUOCOLAND (MALAYSIA) BERHAD |
| Entitlement subject | Capital Repayment |
| Entitlement description | Privatisation of GLM by way of a selective capital reduction and repayment exercise of GuocoLand (Malaysia) Berhad ("GLM") pursuant to Section 116 of the Companies Act 2016 ("Privatisation"). Pursuant to the Privatisation, all the shareholders of GLM (other than GLL (Malaysia) Pte Ltd) whose names appear in the Record of Depositors ("ROD") of GLM as at the Entitlement Date (as set out below), will receive a cash consideration of RM1.10 for each GLM Share (as defined below) held on the Entitlement Date |
| Ex-Date | 30 Jul 2026 |
| Entitlement date | 31 Jul 2026 |
| Entitlement time | 05:00 PM |
| Financial Year End | |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment Date | 07 Aug 2026 |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 31 Jul 2026 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Currency |
| Announced currency | Malaysian Ringgit (MYR) |
| Disbursed currency | Malaysian Ringgit (MYR) |
| Entitlement in Currency | Malaysian Ringgit (MYR) 1.1000 |
| Par Value (if applicable) |
| Registrar or Service Provider name, address, telephone no |
HONG LEONG SHARE REGISTRATION SERVICES SDN BHD Level 25, Menara Hong Leong No. 6, Jalan Damanlela Bukit Damansara 50490 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320888818 Fax:0320888990 |
| Remarks : |
Under the Privatisation, all the shareholders of GLM (other than GLL (Malaysia) Pte Ltd) whose names appear in the ROD of GLM on the Entitlement Date (as set out above) ("Entitled Shareholders"), shall be entitled to receive a cash consideration of RM1.10 for each existing ordinary share in GLM ("GLM Shares") held by the Entitled Shareholders ("Offer Price") on the Entitlement Date.
As announced on 13 July 2026, the High Court in Malaya had on the same date granted an order confirming the reduction of the issued share capital of the Company under Section 116 of the Companies Act 2016 ("Act") to give effect to the Privatisation ("High Court Order").
The settlement of the Offer Price will be effected via electronic remittance to the Entitled Shareholders' eDividend accounts duly registered with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository") within ten (10) days from the date on which the office copy of the High Court Order is lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act ("Lodgement Date"). For the Entitled Shareholders who do not maintain eDividend accounts, the settlement of the Offer Price will be effected via remittance in the form of cheques, banker's drafts and/or cashier's orders which will be despatched by ordinary mail to the Entitled Shareholders (or their designated agents, as they may direct) at the Entitled Shareholders' registered addresses last maintained with Bursa Depository at their own risk within ten (10) days from the Lodgement Date.
An office copy of the High Court Order will be lodged with the Registrar of Companies pursuant to subsection 116(6) of the Act on the Entitlement Date and the Privatisation will become effective on the same date. Consequently, the settlement of the Offer Price will be effected on Friday, 7 August 2026.
The trading of GLM Shares on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") will be suspended with effect from 9.00 a.m. on Thursday, 30 July 2026, being 1 market day prior to the Entitlement Date. Accordingly, the last date and time for trading of GLM Shares on the Main Market of Bursa Securities prior to the suspension will be at 5.00 p.m. on Wednesday, 29 July 2026.
GLM Shares will no longer be traded on the Main Market of Bursa Securities following its suspension on Thursday, 30 July 2026. For the avoidance of doubt, the trading of GLM Shares will continue to be suspended until the de-listing of GLM from the Official List of Bursa Securities following the completion of the Privatisation.
The notice to shareholders in relation to the suspension of trading of GLM Shares on the Main Market of Bursa Securities and the Entitlement Date for the Privatisation will be despatched to GLM's shareholders on Friday, 17 July 2026.
Any enquiries concerning this notice of book closure should be addressed to the share registrar of GLM at the abovementioned contact details.
This announcement is dated 16 July 2026. |
Announcement Info
| Company Name | GUOCOLAND (MALAYSIA) BERHAD |
| Stock Name | GUOCO |
| Date Announced | 16 Jul 2026 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-16072026-00002 |
| Corporate Action ID | MY260716CAPD0001 |