Brahim's submits appeal against delisting of its securities

  • Markets
  • Thursday, 14 Apr 2022

KUALA LUMPUR: Brahim’s Holdings Bhd (BHB) has submitted an appeal to Bursa Malaysia Securities Bhd against the delisting of its securities.

In a filing with Bursa Malaysia today, the airline caterer said the removal of the securities of the company from the official list of Bursa Securities on April 20, 2022, shall be deferred while pending the decision by Bursa Securities on the appeal which was submitted within the timeframe (April 14, 2022).

"An announcement in relation to the outcome of the appeal will be released in due course,” BHB said.

On April 8, Bursa Securities rejected BHB’s application for an extension of time to submit its PN17 regularisation plan and to comply with the listing rules.

Following the rejection by the stock exchange operator, BHB shares will be suspended from trading effective April 15, 2022. - Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Brahim’s , BHB , Bursa Securities , Appeal


Next In Business News

Ringgit rallies against US dollar after Fed signals a more dovish stance going forward
Gamuda 2Q net profit rises to RM194.62mil
Straits Energy associate firm CBL International to be listed n Nasdaq
SunCon wins RM604.9mil RTS Link Project
TNB appoints Abdul Razak Abdul Majid as chairman
Etiqa, first local insurer to sign on to UN Principles for Sustainable Insurance
Yinson 4Q net profit jumps more than two-fold to RM168mil
KLCI skids while glove counters come back into focus
Kulim consolidates plantation business under Johor Plantations
Oil dips after Fed comments, U.S. crude stock build

Others Also Read