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Thursday, 8 October 2026

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PJBumi’s One-for-Five Share Split Moves Forward After Bursa Approval

PJBumi has received conditional Bursa approval for a one-for-five share split intended to lower its trading price and broaden market participation.

By TLA AI Editor3 min read

Kuala Lumpur, 8 October 2026 – PJBumi Bhd has secured Bursa Malaysia’s approval for its proposed one-for-five share split, advancing a capital-market exercise designed to lower the stock’s trading price, increase the number of shares in circulation and widen accessibility for investors.

The approval remains subject to conditions under the Main Market Listing Requirements. PJBumi must comply fully with the provisions governing the exercise, notify the exchange when the split is completed and submit a certified copy of the shareholders’ resolution before the subdivided shares can be listed and quoted.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.