PUBLIC SHAREHOLDINGS SPREAD
| FACB INDUSTRIES INCORPORATED BERHAD |
| Type | Announcement |
| Subject | PUBLIC SHAREHOLDINGS SPREAD |
| Description | PUBLIC SHAREHOLDING SPREAD PURSUANT TO PARAGRAPH 8.02(1) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS") - STATUS ANNOUNCEMENT |
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We refer to the announcements dated 28 August 2025, 13 October 2025, 10 November 2025 and 25 November 2025 in relation to the non-compliance with Public Shareholding Spread.
As at 25 February 2026, the Public Shareholding Spread of FACB stands at 10.73% (excluding treasury shares). Accordingly, FACB is still not in compliance with the Public Shareholding Spread requirement under Paragraph 8.02(1) of the Listing Requirements.
Notwithstanding the above, Bursa Securities had vide its letter dated 10 November 2025 granted the Company an extension of time of six (6) months until 27 February 2026 to comply with the Public Shareholding Spread requirement under Paragraph 8.02(1) of the Listing Requirements.
As at the date of this announcement, the Company has yet to formulate any rectification plan to address compliance with the Public Shareholding Spread requirement. Notwithstanding that, FACB had applied to Bursa Securities for an extension of time to rectify the non-compliance with Public Shareholding Spread, and will continue to monitor the level of the Public Shareholding Spread and make the necessary announcement in event of any development on the above in accordance with the Listing Requirements.
This announcement is dated 26 February 2026. |
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Announcement Info
| Company Name | FACB INDUSTRIES INCORPORATED BERHAD |
| Stock Name | FACBIND |
| Date Announced | 26 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25022026-00066 |