Bursa securities to delist Scomi, dismisses regularisation plan extension application

  • 📰 malaymail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

KUALA LUMPUR, March 28 — Bursa Malaysia Securities Bhd (Bursa Securities) has decided to delist the Scomi Group Bhd’s securities from the official list of Bursa Securities...

KUALA LUMPUR, March 28 — Bursa Malaysia Securities Bhd has decided to delist the Scomi Group Bhd’s securities from the official list of Bursa Securities pursuant to paragraph 8.04 of the Main Market Listing Requirements.

“Bursa Securities has decided to reject SGB’s request to vary the terms and conditions for the company to settle and pay the sum of RM8 million to Maybank before March 15, 2023,” it said. “Under these circumstances, the securities of the company will be removed from the official list of Bursa Securities on March 31, 2023,” it said.

“It was not mandatory for the securities of a company that has been delisted to be withdrawn from the Bursa Depository.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bursa Securities to delist Scomi, dismisses regularisation plan extension applicationKUALA LUMPUR: Bursa Malaysia Securities Bhd (Bursa Securities) has decided to delist the Scomi Group Bhd’s securities from the official list of Bursa Securities pursuant to paragraph 8.04 of the Main Market Listing Requirements.
Source: staronline - 🏆 4. / 75 Read more »

Malaysia’s 2022 capital market rises to RM3.6t, says Securities CommissionKUALA LUMPUR, March 27 — Malaysia’s 2022 capital market size rose to RM3.6 trillion from RM3.5 trillion in 2021 with the drop in the equity market capitalisation offset by...
Source: malaymail - 🏆 1. / 86 Read more »

Securities Commission: Venture capitals, private equities committed funds of RM16.08b in 2022KUALA LUMPUR, March 27 — Private equity and venture capital industries chalked up total combined funds of RM16.08 billion in 2022 from RM14.83 billion in 2021, said the...
Source: malaymail - 🏆 1. / 86 Read more »

What Makes Shangri-La Kuala Lumpur The Go-To Place For Business Travelers - Hype MalaysiaPeople travel for various reasons. As such, travelers are typically divided into 2 main groups – business and leisure. While leisure travelers (tourists) tend to place more emphasis on sight-seeing, seeking adventure and destination dining, business travelers are travelling for business meetings, conference participation, networking, and project work. Therefore, the needs and wants tend to […]
Source: HypeMY - 🏆 10. / 63 Read more »

Bursa Malaysia dijangka kekal suramPerkembangan tersebut mendorong pelabur untuk lebih berhati-hati untuk membuat pelaburan dalam saham-saham terpilih kerana bimbang akan berdepan dengan kerugian akibat ketidaktentuan pasaran.
Source: UMonline - 🏆 27. / 51 Read more »

Bursa rebounds amid easing worries over banking sector’s healthBursa Malaysia gets a lift from bargain hunting activities on Wall Street’s positive close last Friday.
Source: fmtoday - 🏆 5. / 72 Read more »