SUSPENSION OF THE SECURITIES OF ANZO HOLDINGS BERHAD (ANZO OR THE COMPANY)
Bursa Securities has decided to:-
1. grant ANZO a further extension of time until 30 April 2023 to submit the Company's regularisation plan to the relevant authorities for approval (“Extended Timeframe”), subject to the appointment of a Principal Adviser by the Company on or before 13 March 2023 (“Prescribed Timeframe”); and
2. suspend the trading of the securities of ANZO with effect from 21 February 2023.
Bursa Securities has further decided to de-list the securities of the Company pursuant to paragraph 8.03A(3) of the Main LR in the event:-
1. the Company fails to appoint a Principal Adviser within the Prescribed Time;
2. the Compan fails to submit the regularisation plan to the relevant authorities for approval within the Extended Timeframe i.e. on or before 30 April 2023;
3. the Company fails to obtain the approval for the implementation of its regularisation plan and does not appeal within the timeframe (or extended timeframe, as the case may be) prescribed to lodge an appeal;
4. the Company does not succeed in its appeal; or
5. the Company fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the relevant authorities.
Upon occurrence of any of the events set out in paragraphs (1) to (5) above, the securities of the Company will be removed from the Official List of Bursa Securities upon expiry of two ( 2) market days from the date the Company is notified by Bursa Securities or on such date as may be specified by Bursa Securities.