Capital A applies for more time to submit PN17 regularisation plan

KUALA LUMPUR: Capital A Bhd is seeking an extension of time from Bursa Malaysia Securities Bhd to submit its regularisation plan.

In a Bursa filing today, the company said it is seeking an extension until June 30, 2024.

The exchange had previously granted Capital A until Dec 31, 2023 to submit its regularisation plan to the relevant regulatory authorities.

Capital A fell into Bursa’s Practice Note 17 (PN17) list of financially distressed entities in January 2022. - Bernama