STONE

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DELISTING OF SECURITIES

STONE MASTER CORPORATION BERHAD

Type Announcement
Subject DELISTING OF SECURITIES
Description
STONE MASTER CORPORATION BERHAD (SMCB OR THE COMPANY)
APPEAL AGAINST THE DE-LISTING OF SMCBS SECURITIES UNDER PARAGRAPH 8.04 OF BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS (MAIN LR)

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the Announcements made on 6 December 2016, 3 January 2017, 2 February 2017, 1 March 2017, 3 April 2017, 2 May 2017, 1 June 2017, 14 July 2017, 3 August 2017, 5 September 2017, 2 October 2017, 1 November 2017, 5 December 2017, 2 January 2018, 5 February 2018, 1 March 2018, 2 April 2018, 2 May 2018, 4 June 2018, 28 June 2018, 3 July 2018, 2 August 2018, 3 September 2018, 1 October 2018, 1 November 2018, 3 December 2018, 4 December 2018, 2 January 2019, 31 January 2019, 1 March 2019, 27 March 2019, 1 April 2019, 3 April 2019, 2 May 2019 and 14 May 2019 respectively.

 

Reference is made to the Announcement dated 16 May 2019 whereby the Company has made an announcement that the Bursa Malaysia Securities  Berhad (“Bursa Securities”) had vide a letter dated 16 May 2019 from the Joint Secretary of the Listing Committee informed that after due consideration of all the facts and circumstances of the matter including the oral representations on 18 April 2019 and written representations, Bursa has decided to:-

(a) dismiss the Company’s appeal for an extension of time of six (6) months from the date of decision of Bursa Securities to submit a regularisation plan to the relevant authorities; and

(b) de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main LR.

 

The Board of Directors of the Company wishes to now announce that the Company has today, 21st May 2019 submitted an Appeal (“Appeal”) to the Bursa Securities against the commencement of the de-listing of the securities of the Company’s securities from the Official List of the Bursa Securities pursuant to paragraph 8.04 of the Main LR on 23rd May 2019 and is seeking for the Bursa Securities’ kind reconsideration on the above Appeal for an extension of time of six (6) months to submit a Regularisation Plan to the Bursa Securities.

 

This Announcement is dated 21 May 2019.






Announcement Info

Company Name STONE MASTER CORPORATION BERHAD
Stock Name STONE
Date Announced 21 May 2019
Category General Announcement for PLC
Reference Number GA1-21052019-00120