We refer to the Company’s announcements dated 3 June 2022, 26 July 2022, 28 July 2022, 24 November 2022, 5 December 2022, 7 December 2022, 28 February 2023, 22 May 2023, 1 June 2023, 13 July 2023, 24 August 2023 and 23 November 2023 in relation to ECMLG’s non-compliance with the public shareholding spread requirement pursuant to paragraph 8.02(1) of the Listing Requirements (“Public Spread Requirement”).
The Board of Directors of ECMLG wishes to announce that following completion of the first tranche of the Proposed Private Placement (which was announced on 23 November 2023) with the listing of 15,368,000 ordinary shares in ECMLG on the Main Market of Bursa Securities on 10 January 2024, the Company has complied with the Public Spread Requirement.
Based on the Record of Depositors of ECMLG dated 10 January 2024, the public shareholding spread of the Company stood at 25.00%.
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