BERTAM

0.110

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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

BERTAM ALLIANCE BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
BERTAM ALLIANCE BERHAD ("BERTAM" OR "COMPANY")

MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("PN 17") OF THE MAIN MARKET LISTING REQUIREMENTS ("LISTING REQUIREMENTS") OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Reference is made to the First Announcement made on 4 April 2018 and the monthly announcements made by the Company in relation to the Company being classified as a PN 17 Issuer pursuant to the requirements under PN 17 of the Listing Requirements (collectively referred to as “Announcements”). The terms herein shall bear the same meaning as defined in the Announcements.

 

Bursa Securities had granted the Company an extension of time up to 3 October 2019 to submit a regularisation plan to regularise its financial condition in compliance with Paragraph 8.04(3) of the Listing Requirements. On 14 October 2019, Bursa Securities further granted the Company a second extension of time of 6 months up to 3 April 2020 to submit a regularisation plan.

 

The Company is in the midst of formulating the Proposed Regularisation Plan and the Company will make the necessary announcements in accordance with the requirements under PN17 of the Listing Requirements.

 

Save as disclosed above, there are no other material developments on the Proposed Regularisation Plan.

 

 

This announcement is dated 2 December 2019.






Announcement Info

Company Name BERTAM ALLIANCE BERHAD
Stock Name BERTAM
Date Announced 02 Dec 2019
Category General Announcement for PLC
Reference Number GA1-02122019-00038