New PN17 – SILVER BIRD GROUP BERHAD

Filed Under (Bursa Alert!) by Webmaster on 01-03-2012

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Bursa Malaysia Securities Berhad (Bursa Securities) would like to announce that SILVER BIRD GROUP BERHAD (SILVER) has triggered the criteria pursuant to Practice Note No. 17 (PN17) of the Main Market Listing Requirements of Bursa Securities (Listing Requirements).

SILVER had announced on 29 February 2012 that it is considered a PN17 Company pursuant to Paragraph 2.1(d) and (f) of PN17.

 

Bursa Securities would like to emphasise that Bursa Securities will continue to monitor the progress of SILVER in respect of its compliance with the Listing Requirements.

 

Information on companies under Practice Note 17

 

As at 1 March 2012, there are a total of 17 companies under Practice Note 17 which represent 1.81% of the total number of 940 companies listed on Bursa Securities.

 

List of companies under Practice Note 17:-

 

1. DESTINI BERHAD (formerly known as SATANG HOLDINGS BERHAD)

2. HAISAN RESOURCES BERHAD

3. HO HUP CONSTRUCTION BERHAD

4. LINEAR CORPORATION BERHAD

5. LUSTER INDUSTRIES BHD

6. MAA GROUP BERHAD (formerly known as MAA HOLDINGS BERHAD)

7. MAXBIZ CORPORATION BERHAD

8. MITHRIL BERHAD

9. NGIU KEE CORPORATION (M) BERHAD

10. NV MULTI CORPORATION BERHAD

11. RAMUNIA HOLDINGS BERHAD

12. SELOGA HOLDINGS BERHAD

13. SILVER BIRD GROUP BERHAD

14. SUMATEC RESOURCES BERHAD

15. THE AYER MOLEK RUBBER COMPANY BERHAD

16. VASTALUX ENERGY BERHAD

17. VTI VINTAGE BERHAD

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Designated Stock – Harvest Court Industries Bhd

Filed Under (Bursa Alert!) by Webmaster on 16-11-2011

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This the press release from Bursa Malaysia:

 

Bursa Malaysia Securities Berhad (Bursa Malaysia) has declared the securities of Harvest Court Industries Berhad (HARVEST) and Harvest Court Industries Warrants (HARVEST-WA) as “Designated Securities” with effect from 9.00am Wednesday, 16 November 2011 until further notice. In order to facilitate dissemination of the designation, the above securities will be suspended with effect from 9.00am to 5.00pm, Tuesday, 15 November 2011.

 

The decision to designate the securities of HARVEST and HARVEST-WA is due to excessive speculation observed in the trading of both securities and has been taken in the interest of ensuring a fair and orderly market.

 

With the designation, trading in the counter continues but will require payment upfront before buying and a free balance of securities before selling.

 

Investors are advised that their investment decisions should be made on an informed basis including an assessment of the fundamentals of the company.

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Bursa system problem

Filed Under (Bursa Alert!) by Webmaster on 30-06-2010

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Below is Bursa’s press release:

Bursa Malaysia would like to notify that currently, orders for four securities cannot be keyed in for the morning trading session. The four securities are:

1) PA Resources Bhd-Ordinary Rights (7225OR)

2) Sinotop Holdings Bhd-Ordinary Rights (8532OR)

3) Kimlun Corporation Bhd (5171)

4) Shin Yang Shipping Corporation Bhd (5173)

The Exchange has identified the cause of the problem and the affected securities will be available for trading during the second session in the afternoon today.

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