Engineering and construction company, Top Builders had triggered the criteria pursuant of Practice Note No. 17 of the Main Market Listing Requirements of Bursa Securities and will hereby be listed as a PN17 company.
The company has been having a topsy turvy period with legal battles and summons since 2021, the board had requested for PN17 relief and grant more time from Bursa, however without any material changes in its position the company has stepped into the Practice Note 17 situation.
Bursa Securities has said that it will continue to monitor the progress of Top Builders in respect of its compliance with the Main Market Listing Requirements. Information on companies under PN17 and Guidance Note No. 3 of the ACE Market Listing Requirements of Bursa Securities
As at 28 January 2022, there are a total of 26 companies under PN17 and GN3 which represent 2.87% of the total number of 907 companies listed on the Main and ACE Markets of Bursa Securities.
List of companies under PN17:-
- AIRASIA GROUP BERHAD
- AIRASIA X BERHAD
- ASIA MEDIA GROUP BERHAD
- BARAKAH OFFSHORE PETROLEUM BERHAD
- BERTAM ALLIANCE BERHAD
- BRAHIM’S HOLDINGS BERHAD
- CHINA AUTOMOBILE PARTS HOLDINGS LIMITED
- COMINTEL CORPORATION BERHAD
- DAYA MATERIALS BERHAD
- DOLOMITE CORPORATION BERHAD
- FSBM HOLDINGS BERHAD
- IQZAN HOLDING BERHAD (FORMERLY KNOWN AS IRE-TEX CORPORATION BERHAD)
- KHEE SAN BERHAD
- KONSORTIUM TRANSNASIONAL BERHAD
- MALAYSIA PACIFIC CORPORATION BERHAD
- NATIONWIDE EXPRESS HOLDINGS BERHAD
- PERAK CORPORATION BERHAD
- SCOMI ENERGY SERVICES BHD
- SCOMI GROUP BERHAD
- SEACERA GROUP BERHAD
- SERBA DINAMIK HOLDINGS BERHAD
- SUMATEC RESOURCES BERHAD
- TH HEAVY ENGINEERING BERHAD
- TOP BUILDERS CAPITAL BERHAD
List of companies under GN3:- - G NEPTUNE BERHAD
- IDIMENSION CONSOLIDATED BERHAD
