Tuesday 14 February 2012

Maxbiz delisting deferred after appeal submitted

KUALA LUMPUR (Feb 14): Bursa Malaysia Securities has deferred the delisting of MAXBIZ CORPORATION BHD [] after the company submitted an appeal to the regulator on Feb 10.

Maxbiz said on Monday the appeal was against the regulator’s application to reject the company’s application for an extension of time to submit its regularisation plan.

“As such, the removal of the securities of the company from the Official List of Bursa Securities on Feb 16, 2012 shall be deferred pending the decision on the appeal,” it said.



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