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PRACTICE NOTE 16 / GUIDANCE NOTE 2 : OTHERS

PIMPINAN EHSAN BERHAD

Type Announcement
Subject PRACTICE NOTE 16 / GUIDANCE NOTE 2
OTHERS
Description
PIMPINAN EHSAN BERHAD ("PEB" OR THE "COMPANY")

APPLICATION FOR MODIFICATION OF COMPLIANCE WITH PARAGRAPH 8.03(4) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") ("LISTING REQUIREMENTS")

On 12 December 2023, MIDF Amanah Investment Bank Berhad (“MIDF Investment”) had, on behalf of the Board of Directors of PEB, submitted an application to Bursa Securities for modification of compliance with Paragraph 8.03(4) of the Listing Requirements to withdraw RM2.0 million from the custodian account (“Application”).

On behalf of the Board of Directors of PEB, MIDF Investment wishes to announce that Bursa Securities has, via its letter dated 19 January 2024, decided to allow PEB to withdraw RM2.0 million from the custodian account.

The approval is subject to the following conditions:

(i)      The withdrawal is to be utilised in accordance with the manner as highlighted in the Application; and

(ii)     The withdrawal can only be made as and when the amounts are actually incurred and falling due and payable. The request for the withdrawals must be accompanied with the relevant supporting documents to be presented to the custodians.

This announcement is dated 22 January 2024.






Announcement Info

Company Name PIMPINAN EHSAN BERHAD
Stock Name PEB
Date Announced 22 Jan 2024
Category General Announcement for PLC
Reference Number GA1-22012024-00018



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