PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description BRAHIM’S HOLDINGS BHD. (“THE COMPANY” OR “BHB”) – 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 Securities (“Listing Requirements”). The Board of Directors of BHB (“Board”) wishes to announce that there has been no material development on the matter since the First Announcement. Nevertheless the board are committed and currently discussing on the scheme to regularise the company’s PN17 status which will result in either significant change in the business direction/policy of the Company or will constitute a self-regularisation plan. An announcement in relation to the direction of the Regularisation Plan will be made by the Company on or before 27 May 2019. Further thereto, the Company has until 27 February 2020 to submit its Regularisation Plan to the relevant authorities for approval. This announcement is dated 2 May 2019