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.

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