PWORTH

0.100

-0.005 (-4.8%)

OTHERS PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR "COMPANY") MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

PRICEWORTH INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description
PRICEWORTH INTERNATIONAL BERHAD ("PWI" OR "COMPANY")

MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT PURSUANT TO PARAGRAPH 9.19A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Reference is made to the Company’s announcements made on 31 October 2019 and 12 December 2019 in relation to the Default in Payment (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

The Board of Directors of PWI (“Board”) wishes to inform that the Group is currently servicing the monthly instalment as per the Bank's indulgence. The Group is also in the midst of identifying investors for the private placement as announced on 19 November 2019.

 

Further announcement on the development of the above matter will be made as and when necessary.

 

This announcement is dated 24 January 2020.






Announcement Info

Company Name PRICEWORTH INTERNATIONAL BERHAD
Stock Name PWORTH
Date Announced 24 Jan 2020
Category General Announcement for PLC
Reference Number GA1-23012020-00035