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KUALA LUMPUR: Seacera Group Bhd
will be uplifted from being classified as a Practice Note 17 (PN17) company effective from 9 am on Aug 17.
In a filing with Bursa Malaysia, Seacera said Bursa Malaysia Securities Bhd’s had resolved to grant the company a waiver from complying with Paragraph 8.04(3)(a) of the Main Market Listing Requirements which requires a Practice Note 17 (PN17) company to submit a regularisation plan to the regulatory authorities.
“Bursa Securities would like to emphasise that it will continue to monitor the progress of PN17 and Guidance Note No. 3 (GN3) companies in respect of their compliance with the Main Market LR and ACE Market Listing Requirements,” it added.
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