Bertam Alliance to exit PN17 status tomorrow

KUALA LUMPUR: Property developer Bertam Alliance Bhd has regularised its financial condition and no longer triggers any of the prescribed criteria under Practice Note 17 (PN17).
"After taking into consideration the relevant facts and circumstances of the matter, Bursa Malaysia Securities has resolved to approve the company's application for an early upliftment from being classified as an affected listed issuer pursuant to PN17," it announced in a stock exchange filing.
Therefore, Bertam Alliance will be uplifted from being classified as a PN17 company effective from 9.00 am tomorrow (June 12).
-- BERNAMA

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KUALA LUMPUR: Property developer Bertam Alliance Bhd has regularised its financial condition and no longer triggers any of the prescribed criteria under Practice Note 17 (PN17). "After taking into consideration the relevant facts and circumstances of the matter, Bursa Malaysia Securities has resolved to approve the company's application for an early upliftment from being classified as an affected listed issuer pursuant to PN17," it announced in a stock exchange filing. Therefore, Bertam Alliance will be uplifted from being classified as a PN17 company effective from 9.00 am tomorrow (June 12). -- BERNAMA

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