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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 Regularisation Plan pursuant to the 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 2 February 2024 (“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 BKCB (“Board”) wishes to update that the Company is formulating the Regularization Plan and the Company has approximately one (1) month to submit its Regularization Plan to the relevant regulatory authorities for approval.

 

The Board also wishes to update that the Company is in the midst of discussions with a potential white knight investor as part of its Regularization Plan.

 

The Board shall make the relevant updates as and when there are material developments.

 

This announcement is dated 1 March 2024.






Announcement Info

Company Name BINTAI KINDEN CORPORATION BERHAD
Stock Name BINTAI
Date Announced 01 Mar 2024
Category General Announcement for PLC
Reference Number GA1-01032024-00042



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