KUALA LUMPUR: Shares of beleaguered TRANSMILE GROUP BHD [] fell in active trade on Thursday, Feb 24 after the regulators warned it faces delisting for failing to submit a regularisation plan.
At 9.25am, the air cargo transport company was down 7.5 sen to 13 sen with 8.48 million shares done.
The FBM KLCI fell 1.71 points to 1,509.40. Turnover was 211.97 million shares done valued at RM123.83 million. There were 98 gainers, 229 losers and 129 counters unchanged.
Transmile faces suspension with effect from March 3 and delisting on March 7 for failing to submit a regularisation plan to the regulators for approval by Feb 22.
Transmile failed to submit the revamp plan to Securities Commission or Bursa Malaysia Securities by the Feb 22 deadline. However, it has until March 2 to submit an appeal to Bursa Securities.
At 9.25am, the air cargo transport company was down 7.5 sen to 13 sen with 8.48 million shares done.
The FBM KLCI fell 1.71 points to 1,509.40. Turnover was 211.97 million shares done valued at RM123.83 million. There were 98 gainers, 229 losers and 129 counters unchanged.
Transmile faces suspension with effect from March 3 and delisting on March 7 for failing to submit a regularisation plan to the regulators for approval by Feb 22.
Transmile failed to submit the revamp plan to Securities Commission or Bursa Malaysia Securities by the Feb 22 deadline. However, it has until March 2 to submit an appeal to Bursa Securities.
No comments:
Post a Comment