|Subject||PRACTICE NOTE 17 / GUIDANCE NOTE 3
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 in view of the disruptions to the activities of the BHB group of companies caused by the COVID-19 pandemic, the Company’s progress in finalising its regularisation plan has been hampered. The Company is still in the midst of formulating its regularisation plan and has approximately 10 months (until 27 February 2021) to submit its regularisation plan.
There were no other major developments subsequent to the previous monthly announcement announced on 1 April 2020 in relation to the Company’s regularisation plan.
This announcement is dated 4 May 2020.