Kinsteel gets extension for regularisation plan

TheStar Tue, Feb 04, 2020 08:50am - 4 years View Original


Kinsteel, a Practice Note 17 (PN 17) company which is currently in liquidation, said Bursa Securities had decided that the group’s securities would be delisted, pursuant to Paragraph 8.04 of the Bursa Securities Main Market Listing Requirements, under four circumstances.

PETALING JAYA: Integrated steelmaker KINSTEEL BHD has been granted a further extension of time to submit its regularisation to the relevant authorities.

The group said Bursa Malaysia Securities Bhd had granted it an extension until April 30,2020.

Kinsteel, a Practice Note 17 (PN 17) company which is currently in liquidation, said Bursa Securities had decided that the group’s securities would be delisted, pursuant to Paragraph 8.04 of the Bursa Securities Main Market Listing Requirements, under four circumstances.

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