PRACTICE NOTE 17 / GUIDANCE NOTE 3 : SUSPENSION AND/OR DELISTING
| IREKA CORPORATION BERHAD |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 SUSPENSION AND/OR DELISTING |
| Description | IREKA CORPORATION BERHAD ("ICB" OR THE "COMPANY")
APPLICATION FOR A FURTHER EXTENSION OF TIME TO SUBMIT THE COMPANY'S REGULARISATION PLAN TO THE RELEVANT REGULATORY AUTHORITIES ("EOT APPLICATION") |
|
Reference is made to the Company's earlier announcements dated 12 February 2026 and 13 February 2026.
On behalf of ICB, Kenanga IB wishes to announce that, after due consideration of all facts and circumstances, Bursa Malaysia Securities Berhad ("Bursa Securities") had, vide its letter dated 5 March 2026, decided to:
(a) dismiss the Company’s appeal for a further extension of time of 6 months until 31 August 2026 to submit a regularisation plan to the relevant authorities for approval; and (b) de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main Market Listing Requirements.
In the circumstances, the securities of the Company will be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date of Bursa Securities' letter (i.e. on 10 March 2026).
With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn. Bhd. ("Bursa Depository"), the securities will be withdrawn from Bursa Depository by the Company upon the de-listing of the securities from the Official List of Bursa Securities. The Company will continue to update and maintain the shareholders’ information in their Register.
Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. The interests and rights of the shareholders will remain safeguarded under the Companies Act 2016.
This announcement is dated 9 March 2026. |
|
Announcement Info
| Company Name | IREKA CORPORATION BERHAD |
| Stock Name | IREKA |
| Date Announced | 09 Mar 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09032026-00041 |