Bertam exits PN17 status


PETALING JAYA: Bertam Alliance Bhd has regularised its financial condition and no longer triggers any of the Prescribed Criteria under Paragraph 2.1 of Practice Note 17 (PN17) and Paragraph 8.03A of the Main Market Listing Requirements of Bursa Malaysia.

In a filing with Bursa Malaysia, the real estate business firm said Bursa, after taking into consideration the relevant facts and circumstances of the matter, has resolved to approve the company’s application for an early upliftment from being classified as an “Affected Listed Issuer” pursuant to PN17.

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