Eddy Khoo's comment on BINTAI. All Comments
Eddy Khoo
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final week to submit regularization plan or application for extension.
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1 month · translate ·
M KFooD
then what???
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M KFooD
eddy..please story a bit ....hahaa..if failed to submit?....if able to submit?. if bintai ask.for extension? then .....which one likely
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M KFooD
submit is one thing...but the chances SC approved?....then what?????
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Eddy Khoo
should bintai submit regularization plan or request to extend the deadline, Bursa would usually take 1.5 month to revert. Bintai would still be trading as normal, unless Bintai give a summary on its regularization plan which may move the price. alternatively, bintai can opt to keep the details in wrap and not release it until Bursa approves it.
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Eddy Khoo
if Bintai doesn't submit regularization plan and doesn't apply for extension, that would lead Bursa to delist Bintai in April.
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M KFooD
Thats the ruling ..but looking at BODs accumulating could they allow this to happens...??????hahaaa
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M KFooD
u rite eddy...agreed in that sense... they re holding it for sure while keep on loading... so likely side ways till end month unless..magic happrns
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Eddy Khoo
to the directors they still own the company even if delisted. delisting is usually bad for retailers and minority shareholders.
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M KFooD
yeeah true Eddie u rite
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