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PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

SCOMI GROUP BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
SCOMI GROUP BERHAD ("SGB" OR THE "COMPANY")

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

Reference is made to SGB's announcements dated 3 December 2019, 3 January 2020, 21 January 2020, 3 February 2020, 2 March 2020, 1 April 2020, 4 May 2020, 1 June 2020, 1 July 2020, 3 August 2020, 1 September 2020, 1 October 2020, 2 November 2020, 1 December 2020,4 January 2021, 2 February 2021, 1st March 2021, 1st April 2021,3rd May 2021,1 June 2021, 2 July 2021, 2 August 2021,1 September 2021, 1 October 2021,1 November 2021 ,1 December 2021, 3 January 2022, 3 February 2022, 2 March 2022, 1 April 2022, 5 May 2022 and 1 June 2022. ("Announcements"). Reference is also made to the announcements dated 11 April 2022 on the suspension and de-listing notice (“Notice”) of SGB from Bursa Securities, the appeal against the de-listing of SGB on 18 April 2022 (“Appeal”) and the decision from Bursa Securities dated 15 June 2022 on the Appeal (“De-Listing Announcements”). Unless otherwise defined, the terms herein shall bear the same meaning as defined in the Announcements and De-Listing Announcements.

Bursa Securities had vide its letter dated 15 June 2022 informed that after due consideration of all facts and circumstances of the matter (please refer to the announcement dated 15 June 2022 for details), has decided to allow the Appeal and grant SGB a further extension of time until 30 November 2022 to submit its regularisation plan to the relevant authorities for approval (“Extended Timeframe”).

The Company has approximately five (5) months to submit its regularisation plan to the relevant regulators for approval based on the Extended Timeframe.

The Company will make the necessary announcement with regards to any development on the above matter.

This announcement is dated 1 July 2022.






Announcement Info

Company Name SCOMI GROUP BERHAD
Stock Name SCOMI
Date Announced 01 Jul 2022
Category General Announcement for PLC
Reference Number GA1-01072022-00057