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.

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Brahims , delist , PN 7 , (PN 17) , Bursa Malaysia ,

   

Next In Business News

The rise of online financial fraud in Malaysia
Cybersecurity experts share their views
Letter to the editor
Dutch Lady losing dividend appeal
Currencies crack as dollar dominates
Stable currency is a must for the economy
Persistent overhang
Kechara Soup Kitchen set for expansion
Making peanut butter cool again
The winding road to a 15% global minimum tax

Others Also Read