Tuesday, May 3, 2011

Atis Corp faces suspension, effective May 10

KUALA LUMPUR: Trading in the securities of ATIS CORPORATION BHD [] faces suspension from May 10 until further notice after it failed to submit its annual audited financial statements for FY ended Dec 31, 2010.

A Bursa Securities circular on Tuesday, May 3 said Atis failed to submit the statement to Bursa Malaysia Securities Bhd for public release within the stipulated time frame.

Bursa Securities also said if a listed issuer fails to issue the outstanding financial statements within six months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, the company would face delisting.

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