Azam Jaya seeks Bursa Malaysia deadline extension to meet 25% public shareholding spread rule

Bitget2026/10/14 09:26

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Azam Jaya seeks a six-month extension to meet Bursa Malaysia’s 25% public shareholding spread requirement.
Application filed Oct. 13 for an extension until April 16, 2027; Bursa’s decision remains pending.
Public spread rose to 20.65% as of Oct. 6, leaving a 4.35 percentage-point shortfall versus the minimum.
Prior deadline to rectify the breach was Oct. 16, 2026 under an earlier extension granted by Bursa.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Azam Jaya Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3714803) on October 14, 2026, and is solely responsible for the information contained therein.

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