Guocoland Malaysia finalises privatisation through selective capital reduction
SGX Filings
Aug 07
Guocoland (Malaysia) Berhad (GUOCO) said the settlement of the offer price for its selective capital reduction and repayment exercise was completed on Aug, 7 2026, marking the conclusion of its privatisation process.
The company’s adviser, Maybank Investment Bank, confirmed that payments were made on Aug, 7 2026 to entitled shareholders: transfers were credited electronically to shareholders with eDividend accounts, while cheques, banker’s drafts or cashier’s orders were mailed to those without such accounts.
With the settlement concluded, the privatisation of Guocoland (Malaysia) Berhad under Section 116 of the Companies Act 2016 is now complete.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.