PRACTICE NOTE 16 / GUIDANCE NOTE 2 : MONTHLY ANNOUNCEMENT
| SCGM BHD |
| Type | Announcement |
| Subject | PRACTICE NOTE 16 / GUIDANCE NOTE 2 MONTHLY ANNOUNCEMENT |
| Description | SCGM BHD ("SCGM" OR "THE COMPANY")
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 16 ("PN16") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
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Reference is made to the Company’s announcements made on 2 September 2022, 4 October 2022, 28 December 2022, 29 March 2023, 30 June 2023, 21 August 2023, 29 September 2023, 5 October 2023, 21 December 2023, 22 February 2024, 27 February 2024, 20 March 2024, 17 April 2024, 21 August 2024, 22 August 2024, 26 September 2024, 16 October 2024, 19 November 2024, 27 December 2024, 30 December 2024, 31 December 2024, 21 February 2025 and 8 May 2025 (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Announcements. On 8 May 2025, Interpac, on behalf of the Board, announced that the MITI had, vide its letter dated 7 May 2025 (which was received on 8 May 2025), notified that it has agreed with the Proposed Regularisation Plan of SCGM, which will result in a total number of 762,259,671 SCGM Shares on the Main Market of Bursa Malaysia Securities Berhad and SCGM will comply with the Bumiputera equity requirement by allocating 95,300,000 SCGM Shares, representing 12.50% of the enlarged total number of SCGM Shares after the Proposed Regularisation Plan, to Bumiputera investors approved or recognised by the MITI. As at the date of this announcement, the Proposed Regularisation Plan is pending SC’s decision. The Company will make the necessary announcement(s) regarding the development of the Proposed Regularisation Plan accordingly. This announcement is dated 21 May 2025. |
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Announcement Info
| Company Name | SCGM BHD |
| Stock Name | SCGM |
| Date Announced | 21 May 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-21052025-00058 |