GUOCO

1.090

(%)

OTHERS GUOCOLAND (MALAYSIA) BERHAD ("GLM" OR "COMPANY") PROPOSED PRIVATISATION OF GLM BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF GLM PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016

GUOCOLAND (MALAYSIA) BERHAD

Type Announcement
Subject OTHERS
Description 
GUOCOLAND (MALAYSIA) BERHAD ("GLM" OR "COMPANY") 

PROPOSED PRIVATISATION OF GLM BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE OF GLM PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements / proposal letter dated 3 February 2026, 23 February 2026 and 26 February 2026 in relation to the Proposed Privatisation ("Announcements")).

 

Reference is made to the Announcements.

 

On behalf of the Board, Maybank IB wishes to announce that the Board (save for the Interested Directors) has on 26 March 2026 deliberated on the contents of the Proposal Letter after taking into consideration the advice of the Independent Adviser and has resolved to table the special resolution in relation to the Proposed Privatisation at the EGM to be convened to the disinterested shareholders of GLM for their consideration and approval.

 

Please refer to the attached announcement for further details of the Proposed Privatisation.

 

 

This announcement is dated 26 March 2026.


Please refer attachment below.

Attachments

GuocoLand (Malaysia) Berhad - Announcement.pdf
472.5 kB


Announcement Info

Company Name GUOCOLAND (MALAYSIA) BERHAD
Stock Name GUOCO
Date Announced 26 Mar 2026
Category General Announcement for PLC
Reference Number GA1-26032026-00069


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