Meridian faces trading suspension


PETALING JAYA: 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 by Oct 7.

Bursa Malaysia said the property developer had 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 9am on Oct 8, Bursa said in a statement. Should it be unable to issue the report within six months from the original deadline, delisting procedures will be initiated against the company.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings
DKSH shares soar 68 sen on privatisation proposal
China's consumer inflation quickens to 21-month high, producer deflation persists

Others Also Read