PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT
| CHINA AUTOMOBILE PARTS HOLDINGS LIMITED |
| Type | Announcement |
| Subject | PRACTICE NOTE 17 / GUIDANCE NOTE 3 MONTHLY ANNOUNCEMENT |
| Description | CHINA AUTOMOBILE PARTS HOLDINGS LIMITED ("CAP" OR "THE COMPANY")
MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD |
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Reference is made to the First Announcement made on 11 January 2018 and the monthly announcements made by the Company in relation to the Company being classified as a Practice Note 17 (“PN 17”) Issuer pursuant to the requirements under PN17 of the Main Market Listing Requirements (collectively referred to as “Announcements”) of Bursa Malaysia Securities Berhad (“Bursa Securities”).
(Unless otherwise stated, the words and abbreviations used herein shall have the same meaning as those defined in the Announcements.)
On 10 November 2022, Bursa Securities has decided to reject the Company’s Application for the further extension of time up to 31 January 2023 to submit the regularisation plan to the regulatory authorities.
Pursuant to the circumstances and Paragraph 8.04(5) of the Main LR, the trading in the securities of CAP will be suspended with effect from 21 November 2022 and will be de-listed on 23 November 2022 unless an appeal against the de-listing is submitted to Bursa Securities.
On 16 November 2022, the Company has submitted an appeal against Bursa Securities’ decision to de-list CAP and removal of its securities from the Official List and still pending the decision from Bursa Securities.
The Company will make the necessary announcements on the regularisation plan in accordance with the requirements under PN17 of the Main LR in due course.
This announcement serves as the monthly announcement required under Paragraph 4.1(c) of PN17 of the Main LR.
This announcement is dated 1 December 2022. |
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Announcement Info
| Company Name | CHINA AUTOMOBILE PARTS HOLDINGS LIMITED |
| Stock Name | CAP |
| Date Announced | 01 Dec 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-01122022-00076 |