Sapura Energy has triggered the Practice Note 17 criteria and subsequently has been classified as PN17 by Bursa Malaysia Securities Berhad.
The group has not been able to sort out its financial situation and will now join the long list of companies under PN17.
Bursa Securities adds that it will continue to monitor the progress of Sapura Energy (SAPNRG) in respect of its compliance with the Main Market Listing Requirements. Information on companies under PN17 and Guidance Note No. 3 (“GN3”) of the ACE Market Listing Requirements of Bursa Securities
As at 1 June 2022, there are a total of 28 companies under PN17 and GN3 which represent 3.02% of the total number of 928 companies listed on the Main and ACE Markets of Bursa Securities.
List of companies under PN17:-
- AIRASIA X BERHAD
- ASIA MEDIA GROUP BERHAD
- BARAKAH OFFSHORE PETROLEUM BERHAD
- BERTAM ALLIANCE BERHAD
- BRAHIM’S HOLDINGS BERHAD
- CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA GROUP BERHAD)
- CHINA AUTOMOBILE PARTS HOLDINGS LIMITED
- COMINTEL CORPORATION BERHAD
- DOLOMITE CORPORATION BERHAD
- E.A. TECHNIQUE (M) BERHAD
- FSBM HOLDINGS BERHAD
- IQZAN HOLDING BERHAD
- IREKA CORPORATION BERHAD
- JERASIA CAPITAL BERHAD
- KHEE SAN BERHAD
- KONSORTIUM TRANSNASIONAL BERHAD
- MALAYSIA PACIFIC CORPORATION BERHAD
- PERAK CORPORATION BERHAD
- PROPEL GLOBAL BERHAD (FORMERLY KNOWN AS DAYA MATERIALS BERHAD)
- SAPURA ENERGY BERHAD
- SCOMI ENERGY SERVICES BHD
- SCOMI GROUP BERHAD
- SEACERA GROUP BERHAD
- SERBA DINAMIK HOLDINGS BERHAD
- TH HEAVY ENGINEERING BERHAD
- TOP BUILDERS CAPITAL BERHAD
List of companies under GN3:- - G NEPTUNE BERHAD
- IDIMENSION CONSOLIDATED BERHAD
