• RM576 Save up to RM288 with the Yearly Premium Plan (Limited Time Only)
  • RM480 Save up to RM240 with the Yearly Advanced Plan (Limited Time Only)
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube MS Production

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

BINTAI KINDEN CORPORATION BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
Bintai Kinden Corporation Berhad ("BKCB" or "Company")
- Monthly Announcement on the Status of the Regularization Plan pursuant to Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad

Reference is made to the Company’s First Announcement dated 29 March 2023 and latest announcement dated 1 November 2023 (“Previous Announcements”). Unless otherwise defined, the terms and definitions used herein shall have the same meaning as defined in the Previous Announcements.

 

The Board of Directors of Bintai wishes to update that the Company is formulating the Regularization Plan and the Company has approximately four (4) months to submit its Regularization Plan to the relevant authorities for approval.

 

The Company also wishes to update that advance stages of a scheme of arrangement for the settlement of debts with the major creditors of KBK is progressing well and the management is optimistic of the outcome. This exercise is expected to be completed by the end of December 2023.

 

The Company will make necessary announcement in regards to any latest material development on the Regularization Plan in due course.

 

This announcement is dated 1 December 2023.






Announcement Info

Company Name BINTAI KINDEN CORPORATION BERHAD
Stock Name BINTAI
Date Announced 01 Dec 2023
Category General Announcement for PLC
Reference Number GA1-29112023-00081



Close
New Feature
MS Academy
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X