. PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS PERISAI PETROLEUM TEKNOLOGI BHD
Type Announcement Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS Description PERISAI PETROLEUM TEKNOLOGI BHD ("PPTB" OR THE COMPANY")
APPLICATION FOR AN EXTENSION OF TIME TO COMPLY WITH PARAGRAPH 8.04(3) AND PRACTICE NOTE 17 (PN17) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("MMLR") We refer to the Company’s announcement dated 11 June 2018 (“Announcement”) in relation to the application for an extension of time to submit its regularisation plan (“Application”).
Further to the Announcement, on behalf of the Board of Directors of PPTB (“Board”), SJ Securities Sdn Bhd wishes to announce that after due consideration of all facts and circumstances of the Application, Bursa Securities has, vide its letter dated 27 June 2018, granted the Company an extension of time of up to 11 August 2018 to submit a regularisation plan to the regulatory authorities (“Extension of Time”).
The Extension of Time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of PPTB and to de-list the Company in the event:
(i) PPTB fails to submit a regularisation plan to the regulatory authorities on or before 11 August 2018;
(ii) PPTB fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and
(iii) PPTB fails to implement its regularisation plan within the time frame or extended time frame stipulated by any of the regulatory authorities.
Upon occurrence of any of the events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of PPTB on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company's right to appeal against the delisting.
This announcement is dated 27 June 2018.
Announcement Info Company Name PERISAI PETROLEUM TEKNOLOGI BHD Stock Name PERISAI Date Announced 27 Jun 2018 Category General Announcement for PLC Reference Number GA1-27062018-00067
Dont worry. Regularisation plan was proposed. Just submit like mail a letter to Bursa only. 11 August is about 1 and half month in duration. The Regularisation plan will be submitted in June according to the timeline which stated in Proposed Regularisation Plan at 18 Mei 2018.
some people keep on collecting between 0.035 and 0.05.. time will tell. those who cannot wait will cutloss and later regret. but if perisai delisted they will tell the world that"i already told you so, sohai stock dont buy, now kelong already" .
as long it is a calculated risk, it is fine. if you can't quantify it and purely using emotion to gauge the future, better stop trading for a while and "muhasabah diri".. your money your responsibility, not forumer fault if you loss.
All, just have some patience. This stock bottomed and wishing to goreng up. It already attempted 100% move early this year and will again. Oil and gas are commodity market and Wall Street and geoplotics events are pushing the commodity prices higher. The fact is Brent price already doubled since it’s lowest point last year.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Mytrd
617 posts
Posted by Mytrd > 2018-06-26 08:37 | Report Abuse
Any hope for this counter ? anybody can advice?