The Board wishes to announce that the Company had on 11 February 2022 appointed Mercury Securities Sdn Bhd as the Company’s Principal Adviser and Placement Agent in relation to the Proposed Regularisation Plan.
In view of the above and there is no other outstanding financial statements due from the Company, please be advised that trading in the Company's shares will resume with effect from 9.00 a.m., Friday, 4 March 2022.
Well, well... The l-o-n-g suspension has finally been lifted. Had bought this some years ago at the `cheap' price of 0.05. Of course with these things cheap can become cheaper. Worse still, become suspended. Fortunately it didn't go to the level of being delisted.
I had written this off as a total loss and moved on. Only a couple of thousand ringgit involved. Now that it's relisted I'm just going to let those units remain and see what will happen. Maybe buy a bit more at the current price just for the heck of it :)
@newguy0801 Psychologically, if investors had considered this as "burn" already, it's like receiving "free money" with the suspension lifted and can liquidate :) I didn't hold much hope for it based on previous developments. In fact it was almost delisted, which wouldn't have been surprising at all.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....