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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

BERJAYA MEDIA BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
BERJAYA MEDIA BERHAD ("BMedia")
- Monthly Announcement pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

We refer to our Announcement dated 9 January 2020 in relation to Bursa Malaysia Securities Berhad’s approval for an extension of time until 20 June 2020 for BMedia to submit a regularisation plan (“Plan”) to the relevant authorities for approvals (“EOT Approval”).

As announced on 1 April 2020 by the Board of Directors of BMedia (“Board”) that its advisers and professionals have stopped working on the Plan following the COVID-19 outbreak and the Movement Control Order (“MCO”), the Board wishes to inform that there is no change to the arrangement.

Based on the EOT Approval, BMedia has about one and a half (1½) months to submit the Plan to the relevant authorities for approvals. The Management will assess the economic situation as well as to re-evaluate the Plan and any further extension required, after the MCO is uplifted.

 This Announcement is dated 4 May 2020.






Announcement Info

Company Name BERJAYA MEDIA BERHAD
Stock Name BJMEDIA
Date Announced 04 May 2020
Category General Announcement for PLC
Reference Number GA1-28042020-00013