Unless otherwise stated, defined terms in this announcement shall carry the same meanings as previously defined.
Reference is made to the Company's announcement dated 27 February 2026 in relation to the Company's non-compliance with the public shareholding spread requirement pursuant to Rule 8.02(1) of the AMLR of Bursa Securities.
The Board of Directors of Metro wishes to inform that Bursa Securities had vide its letter dated 24 March 2026, granted the Company an extension of time of six (6) months from 3 October 2025 (being the triggering point of the non-compliance of the public shareholding spread) until 2 April 2026 ("Extension of Time") to comply with the public shareholding spread requirement.
As at 23 January 2026, the Company's public shareholding spread stood at 20.52%, representing a shortfall of 4.48% from the public shareholding spread requirement.
The Company is currently evaluating appropriate rectification measures to address the shortfall and to ensure compliance with the public shareholding spread requirement within the Extension of Time granted.
The Company will continue to monitor the level of the public shareholding spread and make the necessary announcements in relation to the status of its compliance in accordance with the AMLR.
This announcement is dated 25 March 2026.