With this, the company will be pausing its plans for a secondary listing on the Bursa Malaysia. On Sept 12, 2024, GVT confirmed that it was in discussions for a potential secondary listing of its shares on Bursa Malaysia's Main Market. At the time, the company said it was still "still in discussions on the details and structure" of the proposed listing and no application was made.
Mainboard-listed Grand Venture Technology (SGX:JLB
) Jlb (GVT) says it has entered into “confidential discussions” with a third party relating to a “possible transaction” that may or may not lead to an offer for the shares of the company.
“The discussions are ongoing and there is no certainty or assurance that such discussions will progress beyond the current stage or that any transaction will proceed as a result of such discussions,” says the company in a June 1 announcement.
