Home❯News
De-listing Of Reach Energy Berhad
Bursa Malaysia Securities Berhad ("Bursa Securities") noted from the announcement dated 24 April 2025 that the Company has decided not to submit an appeal to Bursa Securities against the de-listing.
In the circumstances, please be informed that the securities of the Company will be removed from the Official List of Bursa Securities upon expiry of two (2) market days from today, i.e. on 29 April 2025.
Effect of De-Listing from the Official List of Bursa Securities
With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn. Bhd. (“Bursa Depository”), the securities will be withdrawn from Bursa Depository by the Company upon the de-listing of the securities from the Official List of Bursa Securities. The Company will continue to update and maintain the shareholders’ information in their Register.
Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. The interests and rights of the shareholders will remain safeguarded under the Companies Act 2016.
Announcement Info
Company Name | REACH ENERGY BERHAD |
Stock Name | REACH |
Date Announced | 24 Apr 2025 |
Category | Listing Circular |
Reference Number | ILC-24042025-00008 |