PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
KNM GROUP BERHAD |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
Description | KNM GROUP BERHAD ("KNM" OR "THE COMPANY") MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
Reference is made to the Company’s announcements dated 31 October 2022, 1 December 2022, 3 January 2023, 1 February 2023, 1 March 2023, 3 April 2023 and 2 May 2023 in relation to the Company being classified as an affected listed issuer under Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR”).
The Company is in the midst of preparing the regularisation plan as required under the MMLR and is progressing on the various plans to monetarise its assets to improve its financial position, such as the Proposed Listing of Borsig GmbH, and will make the necessary announcement in due course with regard to any material development accordingly. The Company has approximately 5 months to submit its Regularisation Plan under the PN17 of the LR to the relevant authorities for approval.
This announcement is dated 1 June 2023. |
Announcement Info
Company Name | KNM GROUP BERHAD |
Stock Name | KNM |
Date Announced | 01 Jun 2023 |
Category | General Announcement for PLC |
Reference Number | GA1-01062023-00071 |