News

Reference is made to the Company’s announcement dated 28 June 2018 in relation to the submission of the proposal to comply with the Bumiputera equity condition of ensuring at least 12.5% of the Company’s enlarged share capital to be allocated or held by Bumiputera investors recognised by the Ministry of International Trade and Industry (“Proposal”) to the Equity Compliance Unit of the Securities Commission Malaysia (“SC”) .

On behalf of the Board of Directors of KAB, Mercury Securities Sdn Bhd wishes to announce that the Proposal has been approved by the SC on 5 October 2018.  

This announcement is dated 5 October 2018.