According to the stock exchange filing, the project will be close to retail amenities such as Sunway Giza, Sunway Nexis and Ikea Damansara as well as education institutions including Sri KDU and SEGi University, and Thomson Hospital.
KUALA LUMPUR: FSBM Holdings Bhd
has been given five market days to make written representations to Bursa Malaysia Securities why it should not be delisted.
FSBM, which is an information technology service and systems provider, said on Friday it was issued with a show-cause notice by the regulator after it failed to issue the annual report.
FSBM failed to issue the company’s annual report that included the annual audited financial statements together with the auditors’ and directors’ reports for the financial year ended June 30, 2018 which was due on Oct 31, 2018.
If it fails to issue the reports within six months after the expiry of the timeframe, which is Oct 31, 2018, it will face delisting.
“The board of directors hereby announces that the company will make written representations to Bursa Securities within the five market days as accorded by Bursa Securities,” it said.
FSBM said if Bursa Securities decides to go ahead with the delisting, the securities will be removed upon the expiry of seven market days from the date of notification unless an appeal is made during the timeframe.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
