KUALA LUMPUR: Waja Konsortium Bhd
has announced it is now an affected listed corporation under Guidance Note 3 (GN3) after triggering the prescribed criteria of paragraphs 2.1(b) and 2.1(c) of GN3 of the ACE Market listing requirements.
In a filing with Bursa Malaysia, the company said it had incurred a loss attributable to owners of RM44.03mil for the financial period ended June 30, 2023.
The amount exceeded the amount of its shareholders' equity of RM37.2mil at the end of the financial year.
Waja also incurred aggregated losses of RM68.59mil in two consecutive full financial years.
"As at to-date, Waja is looking into formulating a plan to regularise its financial condition and the announcement on the same will be made in due course in accordance to the Listing Requirements," it said.
