What is a PN17 company? Do you sell or buy its shares.


LATELY, a few companies defaulted in loan repayments and are now classified as PN17 companies. PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia.

In general, PN17 companies normally have some financial difficulties. As such, investors get quite worried when some of the shares they hold are for PN17 companies. They usually face a dilemma of whether to cut losses or hope for a rebound for such shares.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Era of easy money ends for South Korea
Chicago wheat closes the year losing ground to rivals
US banks warn of recession amid rising inflation
Dollar to rebound, boost safe-haven strength
Activist investor calls on BlackRock to oust CEO over ESG
Australia GDP growth slows despite household resilience
Paramount CEO hints at Showtime changes
California offshore wind firms show caution
Thong Guan on track to raise Europe market share
Optimistic outlook for utility sector

Others Also Read