| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description |
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY")
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
|
|
We refer to the previous monthly announcements in relation to the Company being classified as an affected listed issuer pursuant to Practice Note 17 (“PN17”) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”). The Board of Directors of the Company (“Board”) wishes to inform that the Company is still in the midst of formulating its regularisation plan and has approximately 1 month (until 27 August 2021) to submit its regularisation plan. It is unlikely that the Company will be able to finalise and submit the regularisation plan within this timeframe and as such intends to seek for an extension of time from Bursa Securities. Save as disclosed below, there were no other major developments subsequent to the previous monthly announcement dated 1 July 2021 in relation to the Company’s regularisation plan: (i) announcement on 7 July 2021 in relation to the completion of the Company’s private placement of 70,885,600 new ordinary shares; and (ii) announcements on 27 July 2021 and 28 July 2021 in relation to the outsourcing management agreement entered into between the Company and MHC Trading (M) Sdn Bhd in respect of Tamadam Industries Sdn Bhd, the Company’s wholly-owned subsidiary. This announcement is dated 2 August 2021. |
|
