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UTUSAN

0.075

-0.035 (-31.8%)

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

UTUSAN MELAYU (MALAYSIA) BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
UTUSAN MELAYU (MALAYSIA) BERHAD (THE COMPANY) 

SHAREHOLDERS EQUITY IS LESS THAN 25% OF THE SHARE CAPITAL AND IS LESS THAN RM40 MILLION  PURSUANT TO PARAGRAPH 2.1(a) OF PRACTICE NOTE 17 (PN17)  OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS (MAIN MARKET LR)
  MONTHLY ANNOUNCEMENT

We refer to the Company's First Announcement dated 20 August 2018 in relation to the Company being classified as an affected listed issuer under PN17 and pursuant to Paragraph 2.1 (f) of PN17 and the disclosure requirements under Paragraph 4.1 (c) of PN17.

 

We also refer to the Company's Announcement dated 1 March 2019  where the Company has triggered the prescribed criteria pursuant to Paragraph 2.1 (a) of PN17 of the Main Market LR  whereby the shareholders’ equity of the Company on a consolidated basis is 25% or less of the share capital of the Company and such shareholders’ equity is less than RM40.0 million.

 

The Board of Directors of the Company wishes to inform that the Company is still in the midst of formulating its regularisation plan and there is no major development to-date. The Company will make necessary announcement in regards to any latest development on the above matter. The Company has approximately four (4) months to submit its regularisation plan to the relevant authorities for approval.

 

 

This announcement is dated 1 April 2019






Announcement Info

Company Name UTUSAN MELAYU (MALAYSIA) BERHAD
Stock Name UTUSAN
Date Announced 01 Apr 2019
Category General Announcement for PLC
Reference Number GA1-01042019-00112