We refer to the announcements made by the Company on 26 November 2013, 6 December 2013, 2 January 2014, 4 February 2014, 3 March 2014, 5 March 2014, 1 April 2014, 2 May 2014, 2 June 2014, 1 July 2014, 16 July 2014 and 25 July 2014 in relation to the Company being classified as an affected listed issuer under Practice Note 17 of the Listing Requirements of Bursa Malaysia Securities Berhad.
On behalf of the Board of Directors of PHB, M&A Securities Sdn Bhd wishes to announce that the Company is still formulating its regularisation plans and there are no material developments since the announcement made previously on 25 July 2014. The Company has approximately three (3) months to submit its regularisation plan to the relevant authorities.
This announcement is dated 2 September 2014.