DFX

0.130

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PARAGRAPH/RULE 8.03A COMPANIES : OTHERS

DIVFEX BERHAD

Type Announcement
Subject PARAGRAPH/RULE 8.03A COMPANIES
OTHERS
Description
DIVFEX BERHAD ("DIVFEX" OR "COMPANY")

APPLICATION FOR A WAIVER TO SUBMIT A REGULARISATION PLAN AND APPLICATION FOR UPLIFTMENT FROM AFFECTED LISTED CORPORATION CONDITION

We refer to the Company’s announcement dated 6 January 2020 in relation to the Company being classified as an affected listed corporation pursuant to Rule 8.03A 2(a)(bb) of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) as well as the requisite announcement in relation to its regularisation plan (“Proposed Regularisation Plan”) dated 5 July 2022.

 

On 16 August 2023, M & A Securities Sdn Bhd (“M&A Securities”), on behalf of the Board of Directors of Divfex (“Board”), announced that Bursa Securities, via its letter dated 16 August 2023, approved the Company’s application for an extension of time of 4 months up to 5 November 2023 for the Company to submit its Proposed Regularisation Plan to Bursa Securities.

 

On behalf of the Board, M & A Securities wishes to announce that a waiver application to Bursa Securities seeking its approval for a waiver to submit the Proposed Regularisation Plan and to uplift Divfex from its affected listed corporation condition has been submitted on 13 October 2023. Pursuant thereto, the proposals comprising a rights issue and establishment of ESOS that form the Proposed Regularisation Plan which was announced on 5 July 2022 are no longer required and are therefore withdrawn.

 

The Company will make the necessary announcements in due course upon further developments in relation to the said application.

 

 

This announcement is dated 13 October 2023.






Announcement Info

Company Name DIVFEX BERHAD
Stock Name DFX
Date Announced 13 Oct 2023
Category General Announcement for PLC
Reference Number GA1-13102023-00042