AGES

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AGES - SUSPENSION OF TRADING

AGESON BERHAD

The above Company has failed to submit its Annual Report that includes the annual audited financial statements together with the auditors' and directors' reports in respect of the financial year ended 31 December 2022 to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe i.e. 30 April 2023, pursuant to Paragraph 9.23(1) of the Main Market Listing Requirements of Bursa Securities ("LR").


Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes stated in Paragraph 9.23(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.


In view of the above and in line with AGES’ announcement dated 25 April 2023, the trading in the above Company's securities will be suspended with effect from 9.00 a.m., Wednesday, 10 May 2023 until further notice.


Pursuant to Paragraph 9.28(6) of the LR, if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against such listed issuer.


Announcement Info

Company Name AGESON BERHAD
Stock Name AGES
Date Announced 02 May 2023
Category Listing Circular
Reference Number ILC-02052023-00009