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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

DAYA MATERIALS BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
DAYA MATERIALS BERHAD ("DMB" OR THE "COMPANY")

MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS ("PN17") OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES")

Reference is made to the Company’s announcements dated 28 February 2018, 2 April 2018, 2 May 2018, 28 May 2018, 1 June 2018, 2 July 2018, 3 July 2018, 1 August 2018, 3 September 2018, 1 October 2018, 1 November 2018, 3 December 2018, 2 January 2019, 4 February 2019, 15 February 2019, 4 March 2019, 8 March 2019, 1 April 2019, 2 May 2019, 3 June 2019, 1 July 2019, 1 August 2019, 19 August 2019, 3 September 2019, 24 September 2019, 1 October 2019, 1 November 2019, 2 December 2019, 2 January 2020, 4 February 2020, 25 February 2020, 2 March 2020, 1 April 2020, 16 April 2020, 4 May 2020, 1 June 2020, 1 July 2020, 3 August 2020, 1 September 2020, 15 September 2020, 1 October 2020, 23 October 2020, 2 November 2020, 1 December 2020 and 31 December 2020 in relation to the Company being classified as a PN17 Issuer.

The Board of Directors of the Company wishes to announce that the Company had on 31 December 2020 made the requisite announcement in relation to the Company’s proposed regularisation plan (“Proposed Regularisation Plan”). The Company is in the midst of preparing the application to Bursa Securities in relation to the Proposed Regularisation Plan.

Bursa Securities had, via its letter dated 23 October 2020, decided to grant the Company a further extension of time up to 27 February 2021 to submit the Proposed Regularisation Plan to the regulatory authorities.

The Company has approximately two (2) months to submit the Proposed Regularisation Plan to the regulatory authorities for approval.

The Company will make the necessary announcement on further development of the Proposed Regularisation Plan in accordance with the requirements under PN17.

This announcement is dated 4 January 2021.






Announcement Info

Company Name DAYA MATERIALS BERHAD
Stock Name DAYA
Date Announced 04 Jan 2021
Category General Announcement for PLC
Reference Number GA1-04012021-00034