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14 Mar 2022

PN17’s Regularisation Strategy May Vary

by NUR HANANI AZMAN / pic by TMR FILE DEPENDING on the Suspended Criteria triggered by the companies that slip into Practice Note 17 (PN17) status, the regularisation strategy needed to remedy the situation will need to be unique from each. BIMB Investment Management Bhd’s equity analyst Izhar Mosliman said Ireka Corp Bhd, which was condemned to PN17 status after its auditors highlighted a material uncertainty related to it being a going concern due to its shareholders’ equity being below the…

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BIMB Investment Management Berhad [199301021508 (276246-X)]
Level 19, Menara Bank Islam,
No. 22 Jalan Perak,
50450 Kuala Lumpur
Malaysia

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