DE-LISTING OF NGIU KEE CORPORATION (M) BERHAD
| NGIU KEE CORPORATION (M) BERHAD |
LISTING'S CIRCULAR NO. L/Q : 64577 OF 2012
Bursa Malaysia Securities Berhad had today, 27 April 2012, dismissed NGIU KEE CORPORATION (M) BERHAD’s ("NGIUKEE" or "the Company") appeal against the rejection of the Company’s regularisation plan.
Accordingly, the securities of the Company will be removed from the Official List of Bursa Securities on Thursday, 3 May 2012.
Effect of De-listing from the Official List of Bursa Securities
With respect to the securities of NGIUKEE which are currently deposited with Bursa Malaysia Depository Sdn Bhd ("Bursa Depository"), the securities may remain deposited with Bursa Depository notwithstanding the de-listing of the securities from the Official List of Bursa Securities. It is not mandatory for the securities of a company which has been de-listed to be withdrawn from Bursa Depository.
Alternatively, shareholders of NGIUKEE who intend to hold their securities in the form of physical certificates can withdraw these securities from their Central Depository System (CDS) accounts with Bursa Depository, at anytime after the securities of the Company is de-listed from the Official List of Bursa Securities. This can be effected by the shareholders submitting an application form for withdrawal in accordance with the procedures prescribed by Bursa Depository. These shareholders can contact any Participating Organisation of Bursa Securities and/or Bursa Securities' General Line at 03-2034 7000 for further information on the withdrawal procedures.
Upon the de-listing of NGIUKEE, the Company will continue to exist but as an unlisted entity. NGIUKEE is still able to continue the Company’s operations and business and proceed with the Company’s corporate restructuring and the 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.
Announcement Info
| Company Name | NGIU KEE CORPORATION (M) BERHAD |
| Stock Name | NGIUKEE |
| Date Announced | 27 Apr 2012 |
| Category | Listing Circular |
| Reference No | UM-120427-60259 |