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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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• News in brief @ 30 December 2011
• PN17: Ark Resources Berhad Out of Practice Note 17
• New PN17 – MAA Holdings
• New PN17 stock : Linear Corp

Bursa Malaysia Securities Berhad (“Bursa Securities”) would like to announce that a Practice Note No. 17 company, ARK RESOURCES BERHAD (“ARK”) has regularised its financial condition and no longer triggers any of the criteria under Paragraph 2.1 of Practice Note 17 (“PN17″).

Bursa Securities would like to emphasise that Bursa Securities will continue to monitor the progress of PN17 companies in respect of their compliance with the Listing Requirements.

With the upliftment of ARK from its PN17 status, there are a total of 22 companies under Practice Note 17 which represent 2.33% of the total number of 946 companies listed on Bursa Securities.

List of companies under PN17:-

1. BANENG HOLDINGS BHD

2. HAISAN RESOURCES BERHAD

3. HO HUP CONSTRUCTION BERHAD

4. HOVID BERHAD

5. JERNEH ASIA BERHAD

6. LINEAR CORPORATION BERHAD

7. LUSTER INDUSTRIES BHD

8. MAA HOLDINGS BHD

9. MAXBIZ CORPORATION BERHAD

10. METECH GROUP BERHAD

11. MITHRIL BERHAD

12. NGIU KEE CORPORATION (M) BERHAD

13. NV MULTI CORPORATION BERHAD

14. RAMUNIA HOLDINGS BERHAD

15. SATANG HOLDINGS BERHAD

16. SELOGA HOLDINGS BERHAD

17. SUMATEC RESOURCES BERHAD

18. THE AYER MOLEK RUBBER COMPANY BERHAD

19. TRIPLC BHD

20. VASTALUX ENERGY BERHAD

21. VTI VINTAGE BERHAD

Related Posts:

• New PN17 – SILVER BIRD GROUP BERHAD
• New PN17 – MAA Holdings
• New PN17 stock : Linear Corp
• New PN17 and GN3 counters
• New PN17 companies

Bursa Malaysia Bhd has announced today that MAA Holdings Bhd has triggered the criteria pursuant to Practice Note No 17 (PN17) of the Main Market Listing Requirements of Bursa Securities.

MAA is an investment holding company that engages in general and life insurance businesses in Malaysia, Indonesia, the Philippines, and Australia.

MAA had announced on Sept 30, that it is considered a PN17 company pursuant to paragraph 2.1 (g) of PN17, Bursa Malaysia said in a statement today.

Bursa Securities will continue to monitor the progress of MAA in respect of its compliance with the listing requirements, it added.

As of today, there are 24 companies under the PN17, which represent 2.63 per cent of the total 952 listed on Bursa Securities.

Related Posts:

• New PN17 – SILVER BIRD GROUP BERHAD
• PN17: Ark Resources Berhad Out of Practice Note 17
• New PN17 stock : Linear Corp
• New PN17 and GN3 counters
• New PN17 companies