1. the trading in the securities of the Company will be
suspended with effect from 22 March 2018; and
2. the securities of the Company will be de-listed on 26
March 2018 unless an appeal against the de-listing is
submitted to Bursa Securities on or before 21 March 2018
("Appeal Timeframe"). Any appeal submitted after the Appeal
Timeframe will not be considered by Bursa Securities.
In the event the Company submits an appeal to Bursa
Securities within the Appeal Timeframe, the removal of the
securities of the Company from the Official List of Bursa
Securities on 26 March 2018 shall be deferred pending the
decision on the Company's appeal.
With respect to the securities of the Company which are
currently deposited with Bursa Malaysia Depository Sdn Bhd
("Bursa Depository"), the securities may remain deposited
with Bursa Depository notwithstanding the de-listing of the
securities from the Official List of Bursa Securities.
It is not mandatory for the securities of a company which
has been de-listed to be withdrawn from Bursa Depository.
Alternatively, shareholders of the Company who intend to
hold their securities in the form of physical certificates,
can withdraw these securities from their Central Depository
System (CDS) accounts maintained with Bursa Depository at
any time after the securities of the Company have been
de-listed from the Official List of Bursa Securities.
This can be effected by the shareholders submitting an
application form for withdrawal in accordance with the
procedures prescribed by Bursa Depository.
These shareholders can contact any Participating Organisation
of Bursa Securities and/or Bursa Securities' General Line
at 03-2034 7000 for further information on the
withdrawal procedures.
Upon the de-listing of the Company, the Company will continue
to exist but as an unlisted entity. The Company is still
able to continue its operations and business and proceed
with its corporate restructuring and its shareholders can
still be rewarded by the Company's performance. However,
the shareholders will be holding shares which are no longer
quoted and traded on Bursa Securities.
The Board will submit an appeal on the de-listing of the
securities of the Company and will announce any development
in due course.
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