Bursa Malaysia Securities Berhad would like to announce that Sumatec Resources Berhad (“SUMATEC”) has triggered the criteria pursuant to Practice Note No. 17 (“PN17”) of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”).
SUMATEC had announced on 30 April 2018 that it is considered as a PN17 Company pursuant to Paragraph 2.1(d) of PN17.
Bursa Securities also emphasise that it will continue to monitor the progress of SUMATEC in respect of its compliance with the Listing Requirements.
Information on companies under PN17
Below, as at 2 May 2018, there are a total of 22 companies under PN17 which represent 2.4% of the total number of 900 companies listed on Bursa Securities.
List of companies under PN17:-