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PRACTICE NOTE 16 / GUIDANCE NOTE 2 : MONTHLY ANNOUNCEMENT

SCGM BHD

Type Announcement
Subject PRACTICE NOTE 16 / GUIDANCE NOTE 2
MONTHLY ANNOUNCEMENT
Description
SCGM BHD ("SCGM" OR THE "COMPANY")

MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 16 ("PN16") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Reference is made to our announcements made on 2 September 2022, 4 October 2022, 28 December 2022, 29 March 2023, 30 June 2023, 21 August 2023, 29 September 2023, 5 October 2023 and 21 December 2023 (“Announcements”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Announcements.

 

On 5 October 2023, the Company announced that Bursa Securities has vide its letter dated 4 October 2023 granted the Company an extension of time up to 1 March 2024 to submit a regularisation plan to the SC. The Company has approximately 1 week to submit its regularisation plan to the SC for approval.

 

The Board wishes to inform that the Company is still in the midst of assessing and evaluating plans to acquire a suitable core business ("Proposal"). Any further development on the Proposal will be announced accordingly.

 

This announcement is dated 22 February 2024.






Announcement Info

Company Name SCGM BHD
Stock Name SCGM
Date Announced 22 Feb 2024
Category General Announcement for PLC
Reference Number GA1-21022024-00024



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