BURSA PN4 and PN17 Companies

Filed Under (Bursa Malaysia) by Webmaster on 05-04-2008

Tagged Under : , , ,

Bursa classified some listed companies with financial problem under two categories; PN4 and PN17. PN means Practice Note. Pro Trade Share will not be listing out the criteria. You can find out the details at Bursa Practice Notes link.

Basically PN4 listed companies are in worst position than PN17. There is also another group of companies that Bursa terms as almost but not yet meeting the financial criterias as PN17 which is called Companies under the Amended PN17 lists.

As at 5 April 2008;

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(A) The PN4 companies are:

1. Panglobal Berhad
2. Wembley Industries Holdings Bhd

(B) PN17 companies are:

1. ARK Resources Bhd
2. Lityan Holdings Berhad
3. Pan Malaysia Industries Berhad
4. Sinora Industries Berhad

(C) Amended PN17 companies are:

1. APL Industries Berhad
2. CNLT (Far East) Berhad
3. Ekran Berhad
4. Foremost Holdings Bhd
5. Gold Bridge Engineering
6. Halifax Capital Berhad [formerly known as Setron (Malaysia) Berhad]
7. Harvest Court Industries Bhd
8. Idaman Unggul Berhad
9. Mangium Industries Bhd
10. Megan Media Holdings Berhad
11. Merge Energy Berhad
12. OCI Berhad
13. Paxelent Corporation Bhd
14. PECD Berhad
15. Pilecon Engineering Berhad
16. Putera Capital Bhd
17. Seloga Holdings Berhad
18. Sunway Infrastructure Berhad
19. Syarikat Kayu Wangi Bhd
20. Talam Corporation Berhad
21. Tap Resources Berhad
22. Techventure Berhad
23. Tenggara Oil Bhd
24. Triplc Bhd
25. UBG Berhad (formerly Utama Banking Group Berhad)
26. Wonderful Wire & Cable Berhad
27. WWE Holdings Berhad

As a guide, investors should be more careful when they want to invest in companies listed either as PN4, Amended PN17 or PN17.

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