Lim Ah Soon joins PN17 listing
Filed Under (Bursa News) by Webmaster on 31-12-2009
Tagged Under : Lim Ah Soon Bhd, pn17
Limahsoon Bhd is classified as an affected listed issuer pursuant to Practice Note 17 (PN17) Paragraph 2.1(f) as the company defaulted in payment and is unable to provide a solvency declaration to Bursa Securities.
It said in a filing with Bursa Malaysia that its board of directors would formulate a plan to regularise the financial condition of the company.
In a separate statement, it said Bank Pertanian Malaysia Bhd claimed payments totalling RM91.4mil.
