We refer to the Company’s announcement dated 19 November 2013 wherein it was announced that Bursa Securities’ had vide its letter dated 19 November 2013 noted that PCB had failed to make the requisite announcement by 31 October 2013 and PCB’s application for an extension of time to make the requisite announcement and to submit the regularisation plan was rejected, as communicated by Bursa Securities to the Company on 19 November 2013.
Pursuant to Paragraph 8.04(5) of the Main Market Listing Requirement of Bursa Securities:
(a) the trading in the securities of the Company will be suspended with effect from 27 November 2013; and
(b) the securities of the Company will be de-listed on 29 November 2013 unless an appeal is submitted to Bursa Securities on or before 26 November 2013 ("the Appeal Timeframe"). Any appeal submitted after the Appeal Timeframe will not be considered by Bursa Securities.
Pursuant thereto, on behalf of the Board of Directors of PCB, M&A Securities Sdn Bhd is pleased to announce that an appeal has been submitted to Bursa Malaysia Securities Berhad on its decision to suspend the trading of the securities of the Company and de-list the Company.
This announcement is dated 22 November 2013.