PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
SARAWAK CABLE BERHAD |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
Description | SARAWAK CABLE BERHAD ("SCB" OR "COMPANY") MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("PN17") OF MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
Unless otherwise defined, all abbreviations and definitions used herein shall have the same meaning as defined in the Company’s announcements pursuant to PN17 of the Listing Requirements dated 30 September 2022 (“First Announcement”) and 1 November 2022.
We refer to our First Announcement in relation to the Company being classified as an affected listed issuer and the disclosure requirements under Paragraph 4.1(c) of PN17.
The Board of Directors of the Company wishes to inform that the Company is in the process of formulating a plan to regularise its financial condition (“Regularisation Plan”) in tandem with the Proposed Scheme of Arrangement as announced by the Company on 29 September 2022.
The Company has approximately ten months to submit its Regularisation Plan to the relevant authorities for approval. The Company will make the necessary announcement(s) on the Regularisation Plan in accordance with the requirements under the PN17.
This announcement is dated 1 December 2022. |
Announcement Info
Company Name | SARAWAK CABLE BERHAD |
Stock Name | SCABLE |
Date Announced | 01 Dec 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-01122022-00013 |