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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 – MAA Holdings
• New PN17 stock : Linear Corp
• New PN17 and GN3 counters
• New PN17 companies
• Lim Ah Soon joins PN17 listing

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:

• PN17: Ark Resources Berhad Out of Practice Note 17
• New PN17 stock : Linear Corp
• New PN17 and GN3 counters
• New PN17 companies
• Lim Ah Soon joins PN17 listing

Linear Corp Bhd has triggered the criteria pursuant to Practice Note No. 17 (PN17) of the Main Market listing requirements of Bursa Securities.

In a statement today, Bursa Malaysia said it would continue to monitor the progress of Linear in respect of its compliance with the listing requirements.

As at today, there are 35 companies under PN17, which represent 3.64 per cent of the total number of 961 companies listed on Bursa Securities

Related Posts:

• PN17: Ark Resources Berhad Out of Practice Note 17
• New PN17 – MAA Holdings
• New PN17 and GN3 counters
• New PN17 companies
• Lim Ah Soon joins PN17 listing