CORPORATE ANNOUNCEMENTS
General Announcement
Reference No: EL-131125-33483
 
Company Name : ECM LIBRA FINANCIAL GROUP BERHAD
Stock Name : ECM
Date Announced : 25/11/2013
Type : Announcement
Subject : PRACTICE NOTE 17 / GUIDANCE NOTE 3 OTHERS
Description :

APPLICATION FOR A WAIVER BY ECM LIBRA FINANCIAL GROUP BERHAD ("ECMLFG" OR "COMPANY") FROM SUBMITTING A REGULARISATION PLAN IN COMPLIANCE WITH THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

Announcement Details/Table Section :

Reference is made to the previous announcements by ECMLFG wherein the Company was classified as an affected listed issuer pursuant to Practice Note 17 ("PN17") of the Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities") on 14 December 2012, and the most recent announcement dated 22 November 2013 in respect of ECMLFG's interim financial statements for the financial period ended 31 October 2013, in particular paragraph 34 of the explanatory notes of the said financial statements.

In relation thereto, the Board of Directors of ECMLFG wishes to announce that the Company has, on 25 November 2013, submitted an application to Bursa Securities for a waiver from having to submit a regularisation plan in respect of its PN17 status, taking into consideration the interim financial results of the ECMLFG group for the period ended 31 October 2013 ("Waiver Application").

The Waiver Application, if approved, will allow ECMLFG to be uplifted from the classification as a PN17 Company.

This announcement is dated 25 November 2013.

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