|Subject||PRACTICE NOTE 17 / GUIDANCE NOTE 3
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE "COMPANY") EXTENSION OF TIME TO COMPLY WITH PARAGRAPH 8.04(3) AND PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD
We refer to the Company’s announcement dated 13 February 2020 in relation to the submission of an application for an extension of time to comply with Paragraph 8.04(3) and Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).
The Board of Directors of the Company wishes to announce that Bursa Securities had vide its letter dated 13 March 2020, decided to grant the Company an extension of time until 27 August 2020 for the Company to submit a Regularisation Plan to the relevant authorities.
The aforesaid extension of time is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the listed securities of BHB and to de-list the Company in the event:
Upon occurrence of any of the abovementioned events, Bursa Securities shall suspend the trading of the listed securities of BHB on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.
This announcement is dated 16 March 2020.