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Paragraph/rule 8.03A Companies : Monthly Announcement

BackFeb 02, 2024

 

Type Announcement
Subject PARAGRAPH/RULE 8.03A COMPANIES
MONTHLY ANNOUNCEMENT
Description AWANBIRU TECHNOLOGY BERHAD ("AWANTEC" OR "THE COMPANY") - MONTHLY ANNOUNCEMENT ON THE STATUS OF PLAN TO REGULARISE THE FINANCIAL CONDITION OF THE COMPANY PURSUANT TO PARAGRAPH 8.03A OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS
We refer to our first announcement dated 29 January 2021 and subsequent announcements in relation to the Company triggering the prescribed criteria pursuant to Paragraph 8.03A 2(a)(aa) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”).

The Company wishes to announce that Awantec has appointed Maybank Investment Bank Berhad as the Principal Adviser to address its status as an affected listed issuer.

We had on 13 October 2023 announced that Bursa Securities had, vide its letter dated 13 October 2023, granted the Company an extension of time of 6 months up to 13 April 2024 to submit its regularisation plan to the relevant regulatory authorities for approval.

The Company has approximately 2 months to submit a regularisation plan to the relevant regulatory authorities for approval and will make the relevant announcement in relation to its latest development in accordance with the requirements under Paragraph 8.03A of the Listing Requirements.

This announcement is dated 2 February 2024.

Announcement Info

Company Name AWANBIRU TECHNOLOGY BERHAD
Stock Name AWANTEC
Date Announced 02 Feb 2024
Category General Announcement for PLC
Reference Number GA1-02022024-00056