Capital A applies for extra time to submit PN17 regularisation plan

Business & Finance
22 Dec 2023 • 6:20 PM MYT
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KUALA LUMPUR – Capital A Bhd is seeking an extension of time from Bursa Malaysia to submit its regularisation plan.

In a Bursa filing today, the company said it is seeking an extension until June 30, 2024.

The exchange had previously granted Capital A until December 31, 2023 to submit its regularisation plan to the relevant regulatory authorities.

Capital A fell into Bursa’s Practice Note 17 (PN17) list of financially distressed entities in January 2022. – December 22, 2023