Bursa Malaysia Securities Berhad has announced that Sarawak Cable Berhad had triggered the criteria to be listed under Practice Note No. 17 of the Main Market Listing Requirements of Bursa Securities.
The company has 12 months to produce its regularisation plan to the Securities Commission which will show significant business or policy redirection of the company towards improvement.
Sarawak Cable said it is in the midst of formulating a regularisation plan to address its PN17 status in tandem with the Proposed Scheme of Arrangement and the announcement on the same will be made in due course in accordance with the Listing Requirements.
Information on companies under PN17 and Guidance Note No. 3 of the ACE Market Listing Requirements of Bursa Securities
As od date there are a total of 27 companies under PN17 and GN3 which represent 2.88% of the total number of 939 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
- CAPITAL A BERHAD (FORMERLY KNOWN AS AIRASIA 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
- IVORY PROPERTIES GROUP 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
- SARAWAK CABLE BERHAD
- SCOMI ENERGY SERVICES BHD
- SCOMI GROUP BERHAD
- SEACERA GROUP BERHAD
- SERBA DINAMIK HOLDINGS BERHAD
- TOP BUILDERS CAPITAL BERHAD
List of companies under GN3:- - G NEPTUNE BERHAD
