Latest hit for De-listing procedure by Bursa Malaysia was KL Infrastructure Group Berhad under the Amended Practice Note No. 17/2005 (“Amended-PN17”).
The Company has failed to comply with the extended timeframe granted by Bursa Securities to submit its regularisation plans to the Securities Commission and other relevant authorities for approval by 31 August 2007
As at 3 […]

As an accountant, one of the basic fundamental convention we alway adhere to is the going concern concept. How then can we see tell-tales of your company not as a going concern outfit?
Some indications and tell-tales are:

loan repayments are falling due in the near future and refinancing facilities are not immediately available
high or increasing […]

On Jan 30, Lafarge Malayan Cement Bhd has proposed the following corporate restructuring:
·      proposed for capital repayment on the basis of 20 sen for every 50 sen share held by reducing the share capital of 50 sen each to 30 sen each. (Based on the paid-up of RM1.41 billion as at Jan 26, the maximum amount […]

Further to my earlier article, The Star (30/1/07) reported:
“Shares in Bonia Corp Bhd surged to a new high yesterday after the company announced plans to issue free shares, split the stock and seek a transfer to the main board. The stock climbed 40 sen, or 18.2%, to RM2.60, off an intra-day high of RM2.65. A total […]

Bonia Corporation Bhd has proposed a transfer to the Main Board by undertaking the following:

a one-for-two bonus issue of up to 33.67 million new RM1 shares and
a subsequent share split of one share into two 50 sen shares.

As at Jan 24, Bonia had a paid-up capital of RM47.99 million shares comprising 47.99 million shares, with […]