<div class=newsTextDataWrapInner>KUALA LUMPUR (Sept 29): Haisan Resources Bhd will be de-listed from Bursa Malaysia with effect from Oct 5.</div>

<div class=newsTextDataWrapInner>The practice note-17 (PN17) company said this follows the company’s failure to implement its regularisation plan, within the timeframe stipulated by the exchange.</div>

<div class=newsTextDataWrapInner>Yesterday, the company said it had withdrawn its application for a further extension of time, and will not complete the implementation of the regularisation plan.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Haisan, which is involved mainly in temperature-controlled logistics such as refrigerated transportation and distribution services, fell into PN17 status in 2010, when its auditors expressed a modified opinion with an emphasis on its going concern ability for its financial statements ended Dec 31, 2009.</div>

KUALA LUMPUR (Sept 29): Haisan Resources Bhd will be de-listed from Bursa Malaysia with effect from Oct 5.

The practice note-17 (PN17) company said this follows the company’s failure to implement its regularisation plan, within the timeframe stipulated by the exchange.

Yesterd...

Haisan Resources to be-delisted on Oct 5

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