Perak Corp narrows 1Q net loss y-o-y
KUALA LUMPUR (May 25): The Practice Note 17 (PN17) company Perak Corp Bhd has narrowed its net loss for the first quarter ended March 31, 2022 (1QFY22) to RM1.
Impiana Hotels says it will not be classified as PN17 despite triggering criteria
KUALA LUMPUR (Nov 12): Impiana Hotels Bhd said it has triggered the prescribed criteria of Practice Note 17 (PN17) under the Main Market Listing Requirements but will not be classified as a PN17 company, thanks to Bursa Malaysia's relief measures.
State-owned Perak Corp now a PN17 firm
KUALA LUMPUR (Feb 12): Perak Corp Bhd — whose Movie Animation Park Studios (MAPS) theme park in Ipoh was closed last month until further notice — has lapsed into Practice Note 17 (PN17) status.
Kinsteel proposes share reduction and fundraising to regularise operations
KUALA LUMPUR (Sept 24): Practice Note 17 (PN17)-listed Kinsteel Bhd is seeking to regularise its operations as a going concern and has proposed a share reduction and fundraising.
Will Chinese businessman be Bertam’s white knight?
KUALA LUMPUR (Sept 24): Property developer Bertam Alliance Bhd says it is roping in a Chinese white knight to help lift it from the Practice Note 17 (PN17) status.
Utusan to be delisted from Bursa tomorrow after 25 years as listed company
KUALA LUMPUR (Aug 29): Practice Note 17 (PN17) firm Utusan Melayu (M) Bhd is set to be delisted from Bursa Malaysia on Aug 30, as the company announced today that no appeal has been made against the regulator's decision.
Utusan is valued at only RM8m in market cap
KUALA LUMPUR (Aug 20): Utusan Melayu (M) Bhd's share price fell as much as four sen or 36.
RHB Bank wants to wind up MP Corp
KUALA LUMPUR (Feb 21): Malaysia Pacific Corp Bhd (MP Corp), a Practice Note 17 (PN17) company, has been served with a winding-up petition by RHB Bank Bhd, demanding repayment of debt totalling RM118.
MPCorp inks MoU with S’pore firm to sell assets for RM250 mil
KUALA LUMPUR (July 29): Practice Note 17 (PN17) company Malaysian Pacific Corp Bhd (MPCorp) has inked a memorandum of understanding (MoU) with a Singapore company Terra Pontus Pte Ltd for the proposed disposal of a part of Wisma MPL for RM250 million.
Acquisition of ML Global is long-term positive for LBS
Maintain “buy” with unchanged target price of RM1.
