TAKASO - MEMORANDUM OF UNDERSTANDING
Announcement Type: General Announcement
Company Name | TAKASO RESOURCES BERHAD |
Stock Name | TAKASO |
Date Announced | 7 Jan 2013 |
Category | General Announcement |
Reference No | CM-130107-64645 |
ADVENTA - PRACTICE NOTE 17 / GUIDANCE NOTE 3:FIRST ANNOUNCEMENT
Announcement Type: General Announcement
Company Name | ADVENTA BERHAD |
Stock Name | ADVENTA |
Date Announced | 7 Jan 2013 |
Category | General Announcement |
Reference No | CS-130107-F90A9 |
Type | Announcement | ||
Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 FIRST ANNOUNCEMENT | ||
Description | ADVENTA BERHAD ("ADVENTA" OR "THE COMPANY") - FIRST ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS | ||
1. Introduction
(i) all of its business or its major business; or (ii) its entire or major operations,
(bb) the disposal of the listed issuer's business or major business."
2. Obligations of the Company as an Affected Listed Issuer
(i) within twelve (12) months from the date of this announcement that the Company is a PN17 company (the "First Announcement"):
(b) submit a regularisation plan to Bursa Securities if the plan will not result in a significant change in the business direction or policy of the Company, and obtain Bursa Securities’ approval to implement the plan; (iii) announce within three (3) months from this First Announcement, on whether the regularisation plan will result in a significant change in the business direction or policy of the Company; (iv) announce the status of its regularisation plan and the number of months to the end of the relevant time frames referred to in Paragraphs 5.1 and 5.2 of PN17, as may be applicable, on a monthly basis until further notice from Bursa Securities; (v) announce its compliance or non-compliance with a particular obligation imposed pursuant to PN17, on an immediate basis; (vi) announce the details of the regularisation plan ("Requisite Announcement") and sufficient information to demonstrate that the Company is able to comply with all the requirements set out in Paragraph 3.1 of PN17 after implementation of the regularisation plan, which shall include a timetable for the complete implementation of the regularisation plan. The Requisite Announcement must be made by the Company’s Principal Adviser; and (vii) where the Company fails to regularise its condition, it will announce the dates of suspension and de-listing of its listed securities, immediately upon notification of suspension and de-listing by Bursa Securities.
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