De-Listing of Sarawak Cable Berhad

Bursa Malaysia Securities Berhad (Bursa Securities) had decided to dismiss the Company’s appeal for an extension of time up to 31 December 2025 to submit its regularisation plan to the relevant authorities for approval and to de-list the securities of the Company from the Official List of Bursa Securities pursuant to paragraph 8.04 of the Main LR.

In the circumstance, the securities of the company shall be removed from the Official List of Bursa Securities upon the expiry of two (2) market days from the date hereof, i.e. on 15 July 2025

Effect of De-Listing from the Official List of Bursa Securities

With respect to the securities of the Company which are currently deposited with Bursa Malaysia Depository Sdn. Bhd. (Bursa Depository), the securities will be withdrawn from Bursa Depository by the Company upon the de-listing of the securities from the Official List of Bursa Securities. The Company will continue to update and maintain the shareholders’ information in their Register. 

Upon the de-listing of the Company, the Company will continue to exist but as an unlisted entity. The Company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the Company’s performance. However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. The interests and rights of the shareholders will remain safeguarded under the Companies Act 2016.