STONE

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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS

STONE MASTER CORPORATION BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
OTHERS
Description
STONE MASTER CORPORATION BERHAD ("STONE" or "THE COMPANY") 
Appeal on the De-Listing of STONE's securities

Further to the Company's Announcements made on 6 December 2016, 3 January 2017, 2 February 2017, 1 March 2017, 3 April 2017, 2 May 2017, 1 June 2017, 14 July 2017, 3 August 2017, 5 September 2017, 2 October 2017, 1 November 2017, 5 December 2017, 2 January 2018, 5 February 2018, 1 March 2018, 2 April 2018, 2 May 2018, 4 June 2018, 28 June 2018, 3 July 2018, 2 August 2018, 3 September 2018, 1 October 2018, 1 November 2018, 3 December 2018, 4 December 2018, 2 January 2019, 31 January 2019, 1 March 2019 and 27 March 2019 respectively in compliance with Paragraph 4.1 of Practice Note 17 ("PN17") of the Main Market Listing Requirements ("MMLR") of the Bursa Malaysia Securities Berhad ("Bursa Securities"), the Board of Directors of Stone Master Corporation Berhad ("STONE" or "the Company") ("the Board") wishes to inform that further to the announcement made by the Company on 1 April 2019 pertaining to the Company's intention to submit an appeal ("Appeal")  to the Bursa Securities against the De-listing of the securities of the Company on or before 3 April 2109 ("Appeal Timeframe"), the Board wishes to inform that the Company has today, the 3rd day of April 2019 submitted an Appeal to the Bursa Securities against the commencement of the De-Listing procedures on the securities of the Company as well to seek for Bursa Securities' reconsideration on the rejection and to approve the extension of time for the Company to submit a comprehensive Regularisation Plan to the Bursa Securiites.

 

Given that the Appeal is submitted within the Appeal Timeframe (i.e. by 3 April 2019), the removal of the securities of STONE from the Official List of the Bursa Securities on 8 April 2019 shall be deferred pending the decision by the Bursa Securities on the Company's Appeal.

 

This Announcement is dated 3 April 2019.






Announcement Info

Company Name STONE MASTER CORPORATION BERHAD
Stock Name STONE
Date Announced 03 Apr 2019
Category General Announcement for PLC
Reference Number GA1-03042019-00053