General Announcement for PLC
15/09/2017PRACTICE NOTE 17 / GUIDANCE NOTE 3 : OTHERS
EKA NOODLES BERHAD |
Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS |
Description | EKA NOODLES BERHAD ("EKA" OR THE "COMPANY") APPLICATION FOR AN EXTENSION OF TIME TO SUBMIT THE COMPANY'S REGULARISATION PLAN TO THE AUTHORITIES |
We refer to the announcement dated 29 August 2017. On behalf of the Board of Directors of the Company, M&A Securities Sdn Bhd wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) had on 15 September 2017 approved the application for an extension of time up to 28 February 2018 to submit the Company’s regularisation plan to the regulatory authorities. The aforesaid extension of time is without prejudice to Bursa Securities’ rights to proceed to suspend the trading of the securities of EKA and to de-list the Company in the event: 1. the Company fails to submit a regularisation plan to the regulatory authorities on or before 28 February 2018; 2. the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or 3. the Company fails to implement its regularisation plan within the time frame or extended time frames stipulated by Bursa Securities. Upon occurrence of any events set out in (i) to (iii) above, Bursa Securities shall suspend the trading of the listed securities of EKA 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 15 September 2017. |
Announcement Info
Company Name | EKA NOODLES BERHAD |
Stock Name | EKA |
Date Announced | 15 Sep 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-15092017-00070 |