China's CSL races to file report to avoid lengthy suspension on Bursa


China Stationery Ltd chief financial officer Chin Siew Weng showed reporters the picture of the affected plant. - THE STAR/NORAFIFI EHSAN

KUALA LUMPUR: The management at China Stationery Ltd (CSL) is working very hard with its auditors to put the company’s financial book in order and avoid a lengthy trading suspension of its shares on Bursa Malaysia.

At stake here is the company’s diminishing reputation, as investors thumb their noses at problematic China-based firms listed on the local bourse.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read