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PARAGRAPH/RULE 8.03A COMPANIES : MONTHLY ANNOUNCEMENT

Amended Announcements
Please refer to the earlier announcement reference number: GA1-04052020-00072

DIVERSIFIED GATEWAY SOLUTIONS BERHAD

Type Announcement
Subject PARAGRAPH/RULE 8.03A COMPANIES
MONTHLY ANNOUNCEMENT
Description
DIVERSIFIED GATEWAY SOLUTIONS BERHAD ("DGSB" OR "COMPANY")
MONTHLY ANNOUNCEMENT PURSUANT TO RULE 8.03A OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS")

Reference is made to the Company’s first announcement dated 6 January 2020 in relation to the Company being classified as an affected listed corporation pursuant to Rule 8.03A of the Listing Requirements (“First Announcement”) and the subsequent monthly announcements dated 3 February 2020, 2 March 2020 and 1 April 2020.

 

On behalf of the Board of Directors of DGSB, M & A Securities Sdn Bhd wishes to inform that the Company is still evaluating its options to regularise the Company’s affected listed corporation status.


Pursuant to the announcement dated 26 March 2020 by Bursa Malaysia Berhad on the additional relief measures to alleviate the impact of COVID-19 on capital market players, the requisite time for submission of a regularisation plan by listed issuers which trigger the criteria under Rules 8.03A or 8.04 (Guidance Note 3) of the Listing Requirements has been extended from 12 months to 24 months from the date of the First Announcement. As such, the Company has approximately 20 months to submit a regularisation plan to the relevant authorities for approval and will make further announcements in relation to any latest development in accordance with the requirements under Rule 8.03A of the Listing Requirements.

 

This announcement is dated 4 May 2020.






Announcement Info

Company Name DIVERSIFIED GATEWAY SOLUTIONS BERHAD
Stock Name DGSB
Date Announced 06 May 2020
Category General Announcement for PLC
Reference Number GA1-06052020-00068