Practice Note 17 / Guidance Note 3 : Others

Reference is made to the Company’s First Announcements dated 3 April and 4 April 2023 and subsequent monthly announcement made by the Company in relation to the classification of the Company as an affected listed issuer under PN17. Unless otherwise defined, the definitions set out in the First Announcement shall apply therein.

Pursuant to paragraph 4.1(b) of PN17 of the Listing Requirements, the Board of Directors of the Company wishes to inform that the Company is formulating a regularisation plan which will not result in significant change in the business direction or policy of the Company.

Further thereto, the Company has approximately nine (9) months to submit its regularisation plan to the relevant regulatory authorities for approval to implement the same.

This announcement is dated 27 June 2023.

Announcement Info