AWANBIRU TECHNOLOGY BERHAD
KLSE (MYR): AWANTEC (5204)
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Last Price
0.22
Today's Change
-0.10 (31.25%)
Day's Change
0.15 - 0.24
Trading Volume
64,940,200
Discussions
26 people like this. Showing 50 of 27,227 comments
Today due date for submission regulation plan. Friday is delisted can't trade already. Good bye
1 week ago
Awantec will be suspend pending the outcome of appeal. Awantec will suspend on 13 Apr. Please take note.
1 week ago
Bursa Securities has further decided to suspend and de-list the securities of the Company from the Official List of Bursa Securities pursuant to Paragraph 8.03(3A) of the Listing Requirements in the event:-
i. the Company fails to submit the proposed regularisation plan to the relevant authorities for approval within the Extended Timeframe;
ii. the Company fails to obtain the approval for the implementation of its regularisation plan and does not appeal within the timeframe (or extended timeframe, as the case may be) prescribed to lodge an appeal;
iii. the Company does not succeed in its appeal; or
iv. the Company fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the relevant authorities.
In this respect, upon the occurrence of any of the events set out in (i) to (iv) above:-
i. the trading of the securities of Awantec shall be suspended on the 6th market day from the date of notification of suspension by Bursa Securities or such other date as may be specified by Bursa Securities ("Suspension Date"); and
ii. the securities of the Company shall be de-listed and removed from the Official List of Bursa Securities upon the expiry of 2 market days from the Suspension Date, unless an appeal is submitted within 5 market days from the date of notification of de-listing by Bursa Securities ("Appeal Timeframe").
In the event Awantec submits an appeal within the Appeal Timeframe, the de-listing of the Company shall be deferred pending consideration of the Company’s appeal. However, the trading of the securities of Awantec shall be suspended on the Suspension Date even though the decision on the Company’s appeal is still pending.
In arriving at the aforesaid decision to suspend and de-list the Company, Bursa Securities had considered, amongst others, the following factors:-
i. Awantec had failed to regularise the Company’s condition in accordance with Paragraph 8.04(3) of the Listing Requirements and Paragraph 5.0 of PN17.
ii. All affected listed issuers under Paragraph 8.03A of the Listing Requirements are required to regularise their condition expeditiously within the timeframes prescribed in Paragraph 8.04(3) of the Listing Requirements and Paragraph 5.0 of PN17, or extended timeframe as may be granted by Bursa Securities.
iii. The requirement for companies to have an adequate level of operations served to ensure that companies listed on the Official List are of a certain minimum quality as well as to preserve and sustain market integrity and investors’ confidence.
iv. In Bursa Securities’ opinion, adequate time and opportunity had been accorded to Awantec to regularise its condition since the First Announcement on 29 January 2021.
This announcement is dated 13 October 2023.
1 week ago
2 days limit down after that delisted. Because it want to fighting with government court case. SC confirm to delisted
1 week ago
So line up at 0.15 next week, hold and wait for Court to increase compensation and back to above 0.50?
1 week ago
Awantec court case may take another 1-2 years time. Wait until that time, it may delist le.
1 week ago
Awantec mintak waiver of RP from Bursa . Krn mereka cakap business udah baek karang . Haizzzzz. Arini atau Jumaat akan tau samada Bursa kasi waiver atau tak. Kalau tak kasi waiver harap2 Bursa extend lagi 6 bulan . Arini Bursa GOM lawan balik court case tu .
1 week ago
Utk Awantec suspend , Bursa kena reject dua2 appeal Awantec. Complete waiver of RP atau extension of 6 months lagi utk siapkan RP.
1 week ago
Normally can't extend because already more than 2 years no submit regulation plan. Furthermore fighting government. SC will delisted definitely
1 week ago
Today last day to run. Monday delisted. Awantec want to fight court case. SC is government body confirm delisted awanbiru
1 week ago
Why to delisted....financial solid ..
contract awarded by Moe
Nahrim n Redtone ...management good...n return Dr Abu hassan to handle awantech...be positive thinking.
4 days ago
@803a …. What make u say no submission of regulation plan???
Whereby …. Letter of appeal has been forwarded to SC?
4 days ago
awantec suspended.
https://www.bharian.com.my/bisnes/korporat/2024/04/1236277/saham-awantec-akan-digantung-berkuat-kuasa-26-april
1 day ago
Memo issued wrongly by KLSE....how can suspend when the waiver and upliftment is not rejected and pending....
21 hours ago
Ini kalilahhh big kaws masuk n buat duit.....ada capital no problems...20 largest shareholder mostly foreigners
20 hours ago
i see many cut lost, this company going to be suspended soon on the 26th april
20 hours ago
KLSE will likely have to reply to Awantec letter today as …due to……no waiver and upliftment from PN17 but final extension of RP to October 13 2024 with no suspension henceforth….?
18 hours ago
Asian stocks tumble on Iran-Israel escalation, rate warningsInvesting.com- Most Asian stocks fell sharply on Friday after reports of Israeli strikes on Iran further ramped up concerns over worsening geopolitical conditions in the Middle East, while persistent warnings on U.S. interest rates also battered sentiment. Steep losses in chipmaking and technology s...
18 hours ago
Will the major shareholders who are mainly foreigners agree to the suspension of the stock?
16 hours ago
Hippo...it like cheating the foreigners who has heavily invested around 30cts above .....and intend to support the RP..
15 hours ago
An inexperienced staff at KLSE could have released the Suspension notice wrongly if they have read Awantec letter properly on 8-4-23 and should held liable and or compensate to investors who panic over this notice
14 hours ago
Israel launched a limited direct military attack on Iranian soil early Friday morning, marking the latest escalation in a series of back-and-forth strikes between the two foes, a source familiar with the situation told NBC News.
Iranian state media outlets reported explosions in the central Iranian city of Isfahan, but officials in the country have said they were caused by air defenses shooting down drones, Reuters reported. Israel has not commented on the events.
The news comes days after Iran launched its first-ever direct attack on Israel in the form of more than 300 drones and missiles, which were mostly intercepted by Israeli air defenses and caused no deaths.
14 hours ago
I told earlier but no people believe me awantec fail to submit regulation plan and going to delisted because of fight with government court case. Last chance to run coming Monday IDSS resumed selling on Monday
13 hours ago
Delisted is benefit to director. They still can hold and manage company with high salary. They still can get dividends if company earn profit. Similar like sdn bhd. So delisted is only affected small shareholder can not trade share easily.
11 hours ago
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It's a TRICKY SITUATION. Soalan EMAS . Awantec masih ada duit kah ??
1 week ago