Meridian faces trading suspension from Oct 8 over delayed annual report


KUALA LUMPUR: Trading in Meridian Bhd’s securities will be suspended with effect from Oct 8, 2025, until further notice, if the company fails to submit its annual report for the financial period ended May 31, 2025 (AR 2025) by Oct 7.

Bursa Malaysia said the property developer has yet to release its annual audited financial statements together with the auditors’ and directors’ reports by the Sept 30 deadline, as required under Paragraph 9.23(1) of the Main Market Listing Requirements.

Under Bursa’s rules, listed issuers that miss the deadline are given a five-market-day grace period.

If Meridian fails to submit the outstanding report by Oct 7, trading in its securities will be suspended with effect from 9 am on Oct 8, Bursa said in a statement.

Bursa added that should Meridian be unable to issue the report within six months from the original deadline, delisting procedures will be initiated against the company.

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