DESTINI

0.320

+0.005 (+1.6%)

DESTINI - SUSPENSION OF TRADING

DESTINI BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial period ended 30 June 2025 (“Annual Report 2025”) to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 31 October 2025, pursuant to Paragraph 9.23(1) of the Main Market Listing Requirements of Bursa Securities ("LR").


Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.


In view of the above and in the event that DESTINI is unable to submit the outstanding Annual Report 2025 on or before 7 November 2025, the trading in the above Company's securities will be suspended with effect from 9.00 a.m., Monday, 10 November 2025 until further notice.


Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against such listed issuer.


Announcement Info

Company Name DESTINI BERHAD
Stock Name DESTINI
Date Announced 03 Nov 2025
Category Listing Circular
Reference Number ILC-03112025-00008