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Application For An Extension Of Time To Submit A Regularisation Plan To The Relevant Authorities To Regularise The Financial Condition Of Reb Pursuant To Practice Note 17 Of The Main Market Listing Requirements Of Bursa Malaysia Securities Berhad ("Bursa Securities")
BackApr 14, 2025
| Type | Announcement |
| Subject | OTHERS |
| Description | REACH ENERGY BERHAD ("REB" OR THE "COMPANY") APPLICATION FOR AN EXTENSION OF TIME TO SUBMIT A REGULARISATION PLAN TO THE RELEVANT AUTHORITIES TO REGULARISE THE FINANCIAL CONDITION OF REB PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") |
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Reference is made to the announcement dated 19 March 2025 in relation to the submission of the further extension of time application to Bursa Malaysia Securities Berhad (“Bursa Securities”) to submit the Company’s regularisation plan to the relevant regulatory authorities (“EOT Application”).
On behalf of the Board of Directors of REB, TA Securities Holdings Berhad wishes to announce that Bursa Securities had vide its letter dated 14 April 2025 decided to reject the EOT Application as the Company has not demonstrated to the satisfaction of Bursa Securities any material development towards the finalisation and submission of the regularisation plan to the regulatory authorities. This announcement is dated 14 April 2025. |
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Announcement Info
| Company Name | REACH ENERGY BERHAD |
| Stock Name | REACH |
| Date Announced | 14 Apr 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-14042025-00049 |