Further to the Company's announcements made on 1 and 2 November 2012 ("First Announcement ") in compliance with Paragraph 4.1 of PN17 and announcements made on 2 December 2013, 23 December 2013, 24 December 2013 and the Requisite Announcement made by M&A Securities Sdn Bhd (“M&A Securities”) on 2 December 2013.
The Board of Directors of Patimas wishes to announce that Bursa Malaysia Securities Berhad ("Bursa Securities") had vide its letter dated 23 December 2013, decided to allow the Company’s appeal and granted an extension of time until 28 February 2014, to submit its regularisation plan to the relevant authorities for approval.
The Company is now in the midst of finalising the proposed regularisation plan to the relevant authorities for approval.
Further announcement on the development of the above matter will be made to Bursa Securities in due course.
This announcement is dated 2 January 2014.