PETALING JAYA: Oilcorp Bhd shares will be delisted on Jan 25 following a High Court decision to allow Bursa Malaysia Securities Bhd's application to intervene and set aside an earlier High Court order, the engineering services firm said in a filing with the exchange.
On Nov 9, 2010 the Practice Note 17 company obtained an order from the High Court restraining the regulator from taking any action and/or continuing any action including but not limited to de-listing its securities until the valid expiry of the restraining order or any extension of the order.