Malaysia Pacific Corp risks suspension if annual accounts not in by Friday

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KUALA LUMPUR (Nov 6): Malaysia Pacific Corp Bhd has failed to submit its latest annual audited accounts to Bursa Malaysia by the bourse regulator's deadline.

In a statement on Bursa Malaysia's website today, property developer Malaysia Pacific said the audited numbers for financial year ended June 30, 2014 was supposed to have reached Bursa Malaysia by last Friday (October 31).

Bursa Malaysia has extended the deadline for Malaysia Pacific to submit its audited accounts to tomorrow (November 7).

Should it fail to do so, Malaysia Pacific said Bursa Malaysia would suspend trading of its shares this Monday (November 10) until further notice.

Today, Malaysia Pacific shares rose 0.5 sen or 1.3% to settle at 39.5 sen at 12.30pm, for a market valuation of RM113.6 million.