Type | Announcement |
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 SUSPENSION AND/OR DELISTING |
Description |
BRAHIM'S HOLDINGS BERHAD ("BHB" OR THE COMPANY") APPEAL ON DE-LISTING OF BHB |
Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the announcement dated 8 April 2022. We refer to the Company’s announcement dated 8 April 2022 in relation to the decision by Bursa Malaysia Securities Berhad (“Bursa Securities”) to reject the Company’s Application and to suspend and subsequently de-list the securities of the Company (“Announcement”). The Board of Directors of BHB wishes to announce that the Company had on 14 April 2022, submitted an appeal to Bursa Securities against the commencement of de-listing procedures on the securities of the Company (“Appeal”). Given that the Appeal was submitted within the Appeal Timeframe (i.e. on or before 14 April 2022), the removal of the securities of the Company from the Official List of Bursa Securities on 20 April 2022 shall be deferred pending the decision by Bursa Securities on the Appeal. An announcement in relation to the outcome of the Appeal will be released in due course. This announcement is dated 14 April 2022. |