Brahim's submits appeal against delisting of its securities


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

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