Brahim's stock plunges as appeal for extension rejected by Bursa Securities

KUALA LUMPUR: Brahim's Holdings Bhd dove five sen or 43.5% to 6.5 sen a share at Friday's open on the back of news that the stock could be delisted by this month.

Trading in Brahim's securities will be suspended on April 15 as its appeal for an extension of time to submit its regularisation plan has been rejected by Bursa Securities.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Brahim's , deslisting , PN17 , Bursa Malaysia , regularisation , appeal

Next In Business News
Maybank aims to mobilise RM300bil in sustainable finance by 2030
Airbus reaffirms long-term commitment to Malaysia’s aerospace sector
High court approves Capital A's capital reduction, working towards PN17 status uplift
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff
China completes first phase of 6G technology trials
ACE Market-bound Kee Ming Group to raise RM31.50mil from IPO
Bursa Malaysia continues uptrend at midday, CI stays above 1,700
Gold crosses US$4,800 for the first time as US, EU spar over Greenland
Oil prices fall as risks from Kazakh production halt subside
ACE Market-bound Ambest aims to raise RM27.5mil from IPO

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.