Sentoria Group Berhad is facing suspension and potential delisting from Bursa Malaysia after failing to submit a regularisation plan within the deadline stipulated under Bursa Malaysia’s listing requirements.
The group failed to regularise its financial condition under the Main Market Listing Requirements after missing the extended deadline of June 3, 2026, to submit a regularisation plan for approval.
As a result, trading in Sentoria’s securities will remain suspended from June 12, 2026.
Bursa Malaysia also announced that the company’s shares will be delisted from the Official List on June 16, 2026, unless Sentoria files an appeal by June 11, 2026.
Should the company submit an appeal within the stipulated timeframe, the delisting process will be deferred pending Bursa Malaysia’s decision on the appeal.
Sentoria, which has been classified as a Practice Note 17 (PN17) company due to financial distress, was required to formulate and submit a restructuring plan aimed at restoring its financial position and maintaining its listing status.
Bursa Malaysia noted that if the company is delisted, shares currently deposited with Bursa Malaysia Depository Sdn Bhd will be withdrawn from the depository system. The company will continue maintaining shareholders’ records through its register of members.
Despite the potential delisting, Sentoria will continue to exist as an unlisted public company and may continue its business operations and corporate restructuring efforts.
Shareholders will retain their ownership rights under the Companies Act 2016. However, the shares will no longer be quoted or traded on Bursa Malaysia, limiting liquidity and market access for investors.
The latest development marks a critical juncture for Sentoria as it seeks to avoid removal from Malaysia’s stock exchange through a successful appeal or future restructuring initiatives.
