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 |