4944 NYLEX, NYLEX (M) BHD - + SUSPENSION ON THE TRADING OF THE SECURITIES OF NYLEX (MALAYSIA) BERHAD 29 Jan 2024, 18:37 SUSPENSION ON THE TRADING OF THE SECURITIES OF NYLEX (MALAYSIA) BERHAD SUSPENSION ON THE TRADING OF THE SECURITIES OF NYLEX (MALAYSIA) BERHAD ILC-29012024-00007 Reference is made to NYLEX's announcement on 13 October 2023. NYLEX had failed to submit the proposed regularisation plan to the relevant authorities for approval within the extended timeframe of 26 January 2024. In the circumstances and pursuant to paragraph 8.03A(3) of the Main Market Listing Requirements and Bursa Securities' letter dated 13 October 2023, the trading in the securities of NYLEX will be suspended with effect from 7 February 2024. Senior VP You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
based on announcement, because of item (b). anyone can concur on this or otherwise
The Board wishes to announce that Bursa Securities has via its letter dated 4 March 2024, decided to:
(a) allow the appeal against the de-listing of the Company and grant Nylex a further extension of time until 26 July 2024 as requested by the Company to submit the regularisation plan to the relevant authorities for approval ("Extended Timeframe"); and
(b) dismiss the appeal against the suspension of trading of the securities of Nylex.
I sold at a huge loss before the suspension , fear of the de-listing. to re-enter once suspension lifted. really hope nylex fulfil the extension until 26/7/2024
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