Lim Ah Soon joins PN17 listing

Filed Under (Bursa News) by Webmaster on 31-12-2009

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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.

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