As a new entrant in the moneylending business, PHB said it will develop its customer base gradually by providing flexible financing schemes to cater for a broader range of customers.
Its portfolio occupancy improved to 89.
The corporate proposals entail a combined outlay of RM157.
Trading in the Practice Note 17 company's shares has been suspended since Nov 8 last year, pending the submission of the FY2022 annual report and 1QFY2023 financial report.
Unitholders also approved a private placement of up to 1.
On Dec 1 last year, the company said it was still in the midst of formulating a regularisation plan to address its financial condition.
The expected date for the Practice Note 17 (PN17) company to submit its FY2022 annual report was Oct 31, 2022, but it was postponed twice to Nov 30 and later to Dec 30.
The group appointed Lee Siew Chen, who has several years of experience in taxation, as its new independent non-executive director.
At the end of 4QFY2022, the REIT’s portfolio occupancy rate stood at 85.
The construction engineering company only issued the report — including audited financial statements — on Nov 22, 2021, a delay of 15 market days from the Oct 31, 2021 deadline, said Bursa in an announcement on Friday (Dec 30).
The only property app you need. More than 200,000
sale/rent listings and daily property news.
