Hytex seeks to exit PN17 status


KUALA LUMPUR: The board of apparel manufacturer Hytex Integrated Bhd is laying all options on the table for the restructuring of the financially troubled company, which was placed under Practice Note 17 status in June after auditors cast doubts over its ability to continue as a going concern.

It was also placed under Practice Note 1 in August 2011 after defaulting in payments of interest in respect of loan stocks.

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