PINEPAC

0.355

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PARAGRAPH/RULE 8.03A COMPANIES : MONTHLY ANNOUNCEMENT

PINEHILL PACIFIC BERHAD

Type Announcement
Subject PARAGRAPH/RULE 8.03A COMPANIES
MONTHLY ANNOUNCEMENT
Description
PINEHILL PACIFIC BERHAD (PINEPAC OR THE COMPANY)

MONTHLY  ANNOUNCEMENT PURSUANT TO PARAGRAPH 8.03A OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD (MMLR)

The Board of Directors of PinePac (“Board”) refers to the announcements dated 3rd September 2019, 3rd October 2019, 1st November 2019, 3rd December 2019, 3rd January 2020,  3rd February 2020, 3rd March 2020, 2nd April 2020, 4th May 2020, 1st June 2020, 1st July 2020, 3rd August 2020, 1st September 2020, 1st October 2020, 2nd  November 2020, 1st December 2020, 4th January 2021 and 2nd February 2021 in relation to the Company being classified as an affected listed issuer pursuant to Paragraph 8.03A(2) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad.

The Board wishes to inform that subsequent to our announcements dated 2nd February 2021, there is no material development on the status of its on-going regularisation plans. In view of the extended Movement Control Order (“MCO”) until 4th March 2021, the Company faces challenges in realising its regularisation plan in the near term.

The Company has approximately six (6) months until 3rd September 2021 to submit a regularisation plan to the relevant authorities for approval and will make further announcements in relation to any development in this respect in accordance with the requirements under Paragraph 8.03A of the MMLR.

This announcement is dated 1st March 2021.






Announcement Info

Company Name PINEHILL PACIFIC BERHAD
Stock Name PINEPAC
Date Announced 01 Mar 2021
Category General Announcement for PLC
Reference Number GA1-23022021-00014