Array
(
    [_edit_lock] => Array
        (
            [0] => 1698846501:30
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [_thumbnail_id] => Array
        (
            [0] => 131025
        )

    [_edit_last] => Array
        (
            [0] => 30
        )

    [_post_language] => Array
        (
            [0] => 
        )

    [_molongui_author] => Array
        (
            [0] => guest-97695
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-97695
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:1:{s:11:"td_subtitle";s:88:"Previously, the PN17-listed company received extension but failed to meet Oct 7 deadline";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 599
        )

    [_yoast_wpseo_metadesc] => Array
        (
            [0] => With the extension, Bursa clarified that it is still without prejudice to its right to suspend the Practice Note 17/2005 (PN17)-listed company’s trading of listed securities and to delist it. 
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 60
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 2
        )

    [_yoast_wpseo_wordproof_timestamp] => Array
        (
            [0] => 
        )

    [post_views_count] => Array
        (
            [0] => 239
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:1;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:2;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:3;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:4;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:5;a:3:{s:4:"date";s:10:"1749899861";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:11;i:1;}}i:6;a:3:{s:4:"date";s:10:"1749384220";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:12;i:1;}}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 5
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1749899861
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 2
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 1
        )

)
Bursa grants Capital A extension until Dec 31 to submit regularisation plan | Scoop
Bursa Malaysia has granted Capital A Bhd an extension until December 31 to submit its regularisation plan. – File pic, November 1, 2023
News

Bursa grants Capital A extension until Dec 31 to submit regularisation plan

Previously, the PN17-listed company received extension but failed to meet Oct 7 deadline

Scoop Reporters
Updated
9:48 PM MYT

 

KUALA LUMPUR – Bursa Malaysia Securities Bhd has granted Capital A Bhd an extension until December 31 to submit its regularisation plan to the regulatory authorities. 

With the extension, Bursa clarified that it is still without prejudice to its right to suspend the Practice Note 17/2005 (PN17)-listed company’s trading of listed securities and to delist it. 

Bursa said that the suspension is based on several circumstances, which include Capital A failing to submit, obtain approval, and implement its regularisation plan before the aforementioned deadline. 

“Upon the occurrence of any of the events set out above, Bursa shall suspend the trading of the listed securities of the Company (Capital A) on the 6th market day after the date of notification of suspension by Bursa,” it said. 

Bursa added that its decision to delist the company upon failure to meet the deadline will be subject to the latter’s right to appeal against the delisting. 

On October 6, Capital A applied for an extension for the company to submit its regularisation plan to Bursa’s regulatory authorities. 

Bursa had previously granted the company an extension of three months for the company to submit its plan, where the deadline was scheduled to be on October 7. 

Recently, Capital A chief executive officer Tan Sri Tony Fernandes sparked ire after taking a jibe at customers who “moaned about a refund” in a social media post. 

Some of his customers described the post’s caption as arrogant, seeing that the carrier has been repeatedly criticised over its refund policies. – November 1, 2023 

Topics

 

◉ Popular

From player to mentor: Wee Wern calls time on glittering squash career, takes on coaching challenge

A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

No forced eviction of Pasir Panjang Ulu farmers, process was legal: Perak MB

Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate. 

◉ Related

Copyright © 2023. All rights reserved.