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Practice Note 17 / Guidance Note 3 : Monthly Announcement

BackMay 02, 2024
Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description Reach Energy Berhad ("REB" or "the Company")
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS")

Reference is made to the Company’s First Announcements dated 3 April and 4 April 2023, subsequent monthly announcements and the Company’s announcement dated 27 June 2023,19 March 2024 and 17 April 2024 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.

 

The Board of Directors of the Company wishes to inform that the Company has on 19 March 2024 submitted an application to Bursa Malaysia Securities Berhad for an extension of time up to 2 October 2024 for the Company to submit a regularisation plan to the relevant authorities.

 

Bursa Malaysia Securities Berhad had vide its letter dated 16 April 2024 resolved to grant the Company an extension of time of 6 months up to 2 October 2024 to submit its regularisation plan to the relevant regulatory authorities for approval.

 

Further announcement will be made to Bursa Malaysia Securities Berhad with regards to the development of the Regularisation Plan in due course.


This announcement is dated 2 May 2024.


Announcement Info

Company Name REACH ENERGY BERHAD
Stock Name REACH
Date Announced 02 May 2024
Category General Announcement for PLC
Reference Number GA1-24042024-00015

Reach Energy was incorporated in Malaysia under the Companies Act 1965 as a private limited company on 7 February 2013 under the name of Reach Energy Sdn Bhd. On 2 August 2013 our company converted into a public company and was renamed as Reach Energy Berhad.



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