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Announcement

PRACTICE NOTE 17 / GUIDANCE NOTE 3 : SUSPENSION AND/OR DELISTING

  • Type
    Announcement
  • Subject
    PRACTICE NOTE 17 / GUIDANCE NOTE 3
    SUSPENSION AND/OR DELISTING
  • Description
    PETROL ONE RESOURCES BERHAD ("THE COMPANY" OR "PETONE")
    - SUBMISSION OF APPEAL AGAINST SUSPENSION AND DELISTING OF THE SECURITIES OF THE COMPANY

Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcements dated 15 November 2013, 28 March 2014, 21 January 2015, 14 August 2015, 28 July 2016, 16 March 2017, 27 July 2017, 28 July 2017, 7 September 2017, 8 February 2018, 29 March 2018, 10 August 2018 and 13 August 2018.

Reference is made to the announcement dated 13 August 2018 where Bursa Malaysia Securities Berhad ("Bursa Securities") issued the letter of suspension and de-listing of the securities of PETONE from Bursa Securities.

The Board of Directors of PETONE wishes to announce that it had on 20 August 2018 submitted an appeal against the suspension and de-listing to Bursa Securities ("Appeal").

Given that the Appeal was submitted within the Appeal Timeframe (i.e. by 20 August 2018), the removal of the securities of the Company from the Official List of Bursa Securities on 24 August 2018 shall be deferred pending the decision by Bursa Securities on the Appeal.

The announcement is dated 20 August 2018.

Announcement Info

  • Company Name
    PETROL ONE RESOURCES BERHAD
  • Stock Name
    PETONE
  • Date Announced
    20 Aug 2018
  • Category
    General Announcement for PLC
  • Reference Number
    GA1-20082018-00026

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