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Joined Jun 2018

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09/06/2020 On behalf of the Board of Directors of the Company, TA Securities Holdings Berhad (“TA Securities”) wishes to inform that Bursa Securities has vide its letter dated 9 June 2020 notified the Company that after due consideration of all facts and circumstances of the matter, in particular, the Company entered into a memorandum of understanding with HELP International Corporation Berhad (“HELP”) on 10 March 2020, appointed TA Securities as the Principal Adviser for its proposed regularisation plan on 29 May 2020 and TA Securities’ representation based on their preliminary evaluation, decided to grant the Company an extension of time of six (6) months up to 9 December 2020 to submit the regularisation plan to the relevant authorities for approval.
7 months · translate
01/06/2020 Further to the memorandum of understanding entered into between APFT and HIC on 10 March 2020, the Board of Directors of the Company wishes to inform that TA Securities Holdings Berhad (“TA Securities”) has been appointed as the Principal Adviser and is looking into devising a proposed regularisation plan.
7 months · translate
17/04/2020 KUALA LUMPUR: In view of the current trying time, the Securities Commission Malaysia (SC) chairman Datuk Syed Zaid Albar announced that Bursa Malaysia will temporarily suspend Practice Note 17 (PN17) or Guidance Note 3 (GN3) classification on companies which financial positions slip into the status.

“We have already allowed PN17 and GN3 companies up to 24 months to regularise their financials.

“So, moving forward, in addition to this, after a discussion with Bursa, Bursa will provide companies listed on the Main Market, temporary relief from the PN17 classification in relation to certain criteria,” said Syed Zaid. The temporary relief also applied to GN3 for ACE Market-listed companies.

Currently, there are 25 Main Market-listed PN17 companies and three GN3 companies on ACE Market which need to regularise their financial positions.

The 28 companies now have more time to work out their regularisation plan considering they contend with challenges due to the Covid-19 pandemic, said Syed Zaid.

“These measures will allow companies more time to regularise their financial positions. The period for this relaxation will be effective from April 17 this year until June 30, 2021,” he said during a virtual media briefing in conjunction with the release of the SC’s 2019 annual report yesterday.
9 months · translate
APFT will be in the business of HELP education. The Board of Directors of APFT wishes to announce that the Company has, on 10 March 2020, entered into a memorandum of understanding with HELP International Corporation Berhad (“HIC”) to negotiate in good faith with a view of entering into a definitive sale and purchase agreement for the acquisition by APFT of certain educational assets/business of HIC (“Proposed Acquisition”) and other key proposals to be implemented under the Proposed Regularisation Plan (as defined herein). The proposed regularisation plan would involve, inter-alia, the Proposed Acquisition and other key proposals including a fund raising exercise (“Proposed Regularisation Plan”).


Please refer to the attachment for further details.



This announcement is dated 10 March 2020.
10 months · translate
Practice Note 17 company APFT Bhd will be delisted from the Main Market of Bursa Malaysia on March 16 unless an appeal is made, following the bourse regulator’s dismissal of the company's request for more time to submit its regularisation plan. Prior to the delisting, trading of APFT's shares will be suspended from March 12.

Should the company appeal against the delisting, it should be made on or before March 11, Bursa Securities said.
10 months · translate
This counter will come back. Regularisation plan extension plan will be extended very soon.
10 months · translate
Panic selling RM0.005?
11 months · translate
For the avoidance of doubt, the 3rd Extension of Time Application has been submitted to Bursa Securities on 16 January 2020.
11 months · translate
The Company is required to submit the Proposed Regularisation Plan to the regulatory authorities for their approval before 18 January 2020.
1 year · translate
APFT On Track For Fresh Start (29.07.2019) - Company to resume programmes by Q1 next year with an eye on Asia-Pacific mart
1 year · translate
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