I still believe Bursa M'sia will not let CAP go just like that, and let all the Malaysian investors to lose everything without some degree of security. There's so much & so many of us are involved here.
It useless company. The BOD is conman n cheating the malaysia investor. SC need to take further action to this company. All money already gone alway. No need to daydream lol
Stock: CAP (5229), Company: CHINA AUTOMOBILE PARTS HOLDINGS ... by Bursa Malaysia Securities Bhd for breaches of the stock exchange's rules. ... fl888 Just issue the delayed accounts and lift suspension should be good for 2019
CHINA AUTOMOBILE PARTS HOLDINGS LIMITED ("CAP" OR "COMPANY") APPLICATION OF EXTENSION OF TIME TO SUBMIT REGULARISATION PLAN TO REGULARISE THE FINANCIAL CONDITION OF THE COMPANY PURSUANT TO PRACTICE NOTE 17 OF MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
Reference is made to the Company’s announcements dated 11 January 2018 and 7 January 2019 (“Announcements”).
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Announcements.)
The Board wishes to inform that the Company has made an application to Bursa Malaysia Securities Berhad seeking approval for extension of time for further twelve (12) months to submit the Regularisation Plan to regularise the financial condition of the Company.
Presently, the Company is still formulating the Regularisation Plan and there is no major development todate.
CHINA AUTOMOBILE PARTS HOLDINGS LIMITED TypeAnnouncementSubjectPRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERSDescriptionPROPOSED REGULARISATION PLAN
Reference is made to the Company’s announcements from 11 January 2018 to 10 January 2019 in respect of Practice Note 17 (“Announcements”).
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Announcements.)
The Board wishes to inform that the Company intends to undertake and formulate a regularisation plan which will result in a significant change in the business direction or policy of the Company.
Bad as CAP cannot even issue their overdue accounts as promised ? And this statement intends to submit do not sounds good..... but maybe able to appease KLSE to approve Extension ...
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....
bursabursa
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Posted by bursabursa > 2018-10-30 20:47 | Report Abuse
After October , also no news. Give up man!