Bursa Malaysia rejects PEB's extension for regularisation plan submission


PETALING JAYA: Pimpinan Ehsan Bhd (PEB) has announced that Bursa Malaysia has rejected its application for a further extension of time to submit its regularisation plan.

In a filing with Bursa Malaysia, PEB said it had received a Notice to Show Cause from Bursa Securities.

“The company has been accorded five market days from Oct 16, 2025, i.e. on or before Oct 24, 2025 to make written representations supported by documentary evidence (if any) to Bursa Securities as to why a suspension should not be imposed on the trading of the securities of the company; and why the securities of the company should not be de-listed from the official list of Bursa Securities.

“Further to that, the board hereby announces that the company will make the written representations to Bursa Securities within the five market days on or before Oct 24, 2025 as accorded by Bursa Securities.

PEB, which assumed the listing status of TRIplc Bhd, was classified as a Practice Note 16 (or cash company), on May 31, 2018 after it disposed of its principal subsidiary, TRIplc Bhd, to Puncak Niaga Holdings Bhd.

As a cash company, PEB is required to, among others, regularise its condition by submitting a proposal to acquire a new core business to the Securities Commission Malaysia.

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