|BRAHIM’S HOLDINGS BERHAD|
|Subject||PRACTICE NOTE 17 / GUIDANCE NOTE 3
|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 6 months (until 27 August 2021) to submit its regularisation plan.
Save as disclosed below, there were no other major developments subsequent to the previous monthly announcement dated 3 February 2021 in relation to the Company’s regularisation plan:
1. The extension of time to submit its regularisation plan until 27 August 2021 which was announced on 18 February 2021; and
2. The Proposed Private Placement of up to 70,885,600 new ordinary shares in BHB which was announced on 24 February 2020.
This announcement is dated 1 March 2021.