Brahim’s to be delisted

Brahims kitchen - File pic

KUALA LUMPUR: Brahim’s Holdings Bhd will be delisted from Bursa Malaysia on June 3.

The Practice Note 17 (PN17) company, in a Bursa Malaysia filing, said the stock exchange had dismissed its appeal for an extension of time to submit the regularisation plan to the relevant authorities for approval and decided to delist the company pursuant to paragraph 8.04 of the Bursa Securities Main Market Listing Requirements.

Upon the delisting of the company, the company will continue to exist but as an unlisted entity.

However, the shareholders will be holdings shares which are no longer quoted and traded on the stock exchange.