General Announcement for PLC
19/06/2017OTHERS WINTONI GROUP BERHAD ("WINTONI" OR THE "COMPANY") REQUISITE ANNOUNCEMENT REGULARISATION PLAN TO THE RELEVANT REGULATORY AUTHORITIES UNDER GUIDANCE NOTE 3 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
WINTONI GROUP BERHAD |
Type | Announcement |
Subject | OTHERS |
Description | WINTONI GROUP BERHAD ("WINTONI" OR THE "COMPANY") REQUISITE ANNOUNCEMENT REGULARISATION PLAN TO THE RELEVANT REGULATORY AUTHORITIES UNDER GUIDANCE NOTE 3 OF THE ACE MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
Reference is made to the Company's announcement dated 15 February 2017 and 8 March 2017. The Board of Directors of WINTONI wishes to announce that the Company will not be seeking an extension of time to submit the Requisite Announcement to Bursa Malaysia Securities Berhad. As announced previously, Bursa Malaysia Securities Berhad has the right to proceed to suspend the trading of the listed securities of the Company and to de-list the Company in the event that:- (i) the Company fails to make the Requisite Announcement on or before 16 June 2017; (ii) the Company fails to submit the regularisation plan to the regulatory authorities on or before 26 August 2017; (iii) the Company fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; and (iv) the Company fails to implement its regularisation plan within the timeframe or extended timeframe stipulated by any of the regulatory authorities. Upon occurence of any of the events set out in paragraphs (i) to (v) above, Bursa Securities shall suspend the trading of the listed securities of Wintoni 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 19 June 2017. |
Announcement Info
Company Name | WINTONI GROUP BERHAD |
Stock Name | WINTONI |
Date Announced | 19 Jun 2017 |
Category | General Announcement for PLC |
Reference Number | GA1-19062017-00086 |