Comintel exits PN17 status

KUALA LUMPUR: Comintel Corporation Bhd said Bursa Securities has approved its application to be uplifted from its Practice Note 17 (PN17) status after due consideration of all facts and circumstances.

The company has completed its regularisation plan and no longer triggers any of the criteria under Paragraph 2.1 of PN 17 of the Main Market listing requirements of Bursa Malaysia Securities Bhd after completing its regularisation plan, a filing with the exchange said.