KUALA LUMPUR: Pimpinan Ehsan Bhd
(PEB) said Bursa Malaysia Securities Bhd has granted the company an extension of time until June 30, 2026 to submit its regularisation plan to the Securities Commission Malaysia for approval.
In a filing with Bursa Malaysia, the company said the extension was granted via a letter dated Jan 16, 2026. PEB is currently classified as a cash company under Paragraph 8.03 of the Main Market Listing Requirements.
Bursa Securities said it may suspend and de-list PEB’s securities if the company fails to submit its regularisation plan within the extended timeframe, fails to obtain approval for the plan, does not succeed in any appeal, or fails to implement the plan within the stipulated or extended timelines.
In the event of suspension and de-listing, trading in PEB’s securities would be suspended on the sixth market day from the date of notification, while the shares would be de-listed upon the company’s compliance with the relevant listing requirements, including a pro-rata distribution of deposited monies to shareholders.
Bursa Securities noted that PEB has seven years 6.5 months to regularise its condition since its first announcement on May 31, 2018, and said sufficient time and opportunity had been accorded to the company to do so.
