We refer to the Company's announcement dated 6 August 2026 in relation to the unconditional mandatory take-over offer from Maybank Investment Bank Berhad, on behalf of Whitmore Holdings Sdn Bhd ("Offeror"), to acquire the remaining voting shares in MKHOP ("MKHOP Shares") not already owned by the Offeror, Batu Kawan Berhad (being the sole shareholder of the Offeror) ("Ultimate Offeror") and persons acting in concert with them ("Offer Shares") at a cash offer price of RM0.6626 per Offer Share ("Offer"), the Offer Document dated 27 August 2026 relating to the Offer ("Offer Document") and the announcements dated 9 September 2026 and 29 September 2026 in relation to the Company's non-compliance with the Public Spread Requirement. Unless otherwise stated, the terms used herein shall have the same meanings as those set out in the Offer Document.
The Board of MKHOP wishes to announce that Bursa Securities had, vide its letter dated 12 October 2026, granted the Company an extension of time of six (6) months until 7 March 2027 to comply with the Public Spread Requirement.
Based on the Record of Depositors of the Company as at 17 September 2026, the public shareholding spread of MKHOP is 20.40%.
As at the date of this announcement, the Company has yet to formulate any rectification plan to address the non-compliance with the Public Spread Requirement. Notwithstanding, the Company will continue to monitor the level of the public shareholding spread and make the requisite announcement on the status of its compliance with the Public Spread Requirement.
This announcement is dated 13 October 2026.