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NewsHong Leong Capital has until Feb 2014 to comply
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Hong Leong Capital has until Feb 2014 to comply
by Cals Thu 05 Sep 2013, 01:33
Published: Wednesday September 4, 2013 MYT 6:09:00 PM
Updated: Wednesday September 4, 2013 MYT 6:11:13 PM
Hong Leong Capital has until Feb 2014 to comply
KUALA LUMPUR: Hong Leong Capital Bhd has until Feb 28, 2014 to comply with the 25% public shareholding spread requirement.
It said on Wednesday that Bursa Malaysia Securities had granted it a further extension of six months until end-February to comply with the requirement under the Main Market Listing Requirements of Bursa Securities.
Based on Hong Leong Capital's record of depositors as at July 31, 2013, the public shareholding spread was 10.02%.
"The company has yet to identify a satisfactory plan to address the non-compliance with the 25% public shareholding spread requirement and requires time to do so," it said.
Updated: Wednesday September 4, 2013 MYT 6:11:13 PM
Hong Leong Capital has until Feb 2014 to comply
KUALA LUMPUR: Hong Leong Capital Bhd has until Feb 28, 2014 to comply with the 25% public shareholding spread requirement.
It said on Wednesday that Bursa Malaysia Securities had granted it a further extension of six months until end-February to comply with the requirement under the Main Market Listing Requirements of Bursa Securities.
Based on Hong Leong Capital's record of depositors as at July 31, 2013, the public shareholding spread was 10.02%.
"The company has yet to identify a satisfactory plan to address the non-compliance with the 25% public shareholding spread requirement and requires time to do so," it said.
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