Reneuco has informed that it has failed to submit its annual report for the year ending September 2023 (“AR 2023”) to Bursa Malaysia Securities Berhad within the stipulated timeframe which under the main market listing requirements could lead to the trading of the stock to be suspended.
In addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.
In view of the above and in the event the company is unable to submit the outstanding AR 2023 on or before 8 February 2024, trading in the above Company’s securities will be suspended with effect from 9.00 a.m., Friday, 9 February 2024 until further notice.
This comes as if a listed issuer fails to issue the outstanding financial statements within 6 months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against such listed issuer.
