PETALING JAYA: Patimas Computers Bhd has proposed to undertake a regularisation scheme to regularise its financial position. It also said its appeal to Bursa Malaysia on the latter’s decision to delist the company was still pending approval.
To recap, Patimas – which is a PN17 company – failed to submit its regularisation plans within the required 12 months since its PN17 status. It slipped into PN17 after its auditors expressed a disclaimer of opinion regarding its financial statements for the period from Jan 1, 2011 to March 31, 2012. It had announced an audited net loss of RM86.5mil for that period.
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