NPC Resources submits AR 2020, so no suspension

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KUALA LUMPUR: Trading in NPC Resources Bhd’s shares will not be suspended on June 23 after it submitted its annual report for the financial year ended Dec 31, 2020 (AR 2020).

The Sabah-based plantation company had submitted the AR on Wednesday, according to a Bursa Malaysia Securities statement on Thursday.

Hence, there will be no suspension of trading in the NPC’s shares on June 23, the regulator said.

Bursa Securities said on Wednesday NPC had failed to issue the AR 2020 by the extended deadline of June 15.

The regulator said If a listed issuer fails to issue the outstanding financial statements within five market days after the expiry of the relevant timeframe -- the last day of the five market days which is the suspension deadline – trading of its shares shall be suspended the next market day.

Ipmuda's share price was unchanged at RM1.90 at the midday break

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