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Media Releases

NEW ADMISSION INTO PRACTICE NOTE 17 – PETROL ONE RESOURCES BERHAD

03 Sep 2012

Bursa Malaysia Securities Berhad (“Bursa Securities”) would like to announce that PETROL ONE RESOURCES BERHAD (“PETONE”) has triggered the criteria pursuant to Practice Note No. 17 (“PN17”) of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”). 

PETONE had announced on 30 August 2012 that it is considered a PN17 Company pursuant to Paragraph 2.1(a) of PN17. 

Bursa Securities would like to emphasize that Bursa Securities will continue to monitor the progress of PETONE in respect of its compliance with the Listing Requirements. 

Information on companies under Practice Note 17 

As at 3 September 2012, there are a total of 17 companies under Practice Note 17 which represent 1.83% of the total number of 931 companies listed on Bursa Securities. 

List of companies under Practice Note 17:- 

  1. DESTINI BERHAD (formerly known as SATANG HOLDINGS BERHAD)
  2. HAISAN RESOURCES BERHAD
  3. HO HUP CONSTRUCTION COMPANY BERHAD
  4. HOCK LOK SIEW CORPORATION BHD
  5. LINEAR CORPORATION BERHAD
  6. LUSTER INDUSTRIES BHD
  7. MAA GROUP BERHAD (formerly known as MAA HOLDINGS BERHAD)
  8. MITHRIL BERHAD
  9. OCTAGON CONSOLIDATED BERHAD
  10. PETROL ONE RESOURCES BERHAD
  11. RAMUNIA HOLDINGS BERHAD ((formerly known as TH HEAVY ENGINEERING BERHAD)
  12. SELOGA HOLDINGS BERHAD
  13. SILVER BIRD GROUP BERHAD
  14. SUMATEC RESOURCES BERHAD
  15. THE AYER MOLEK RUBBER COMPANY BERHAD
  16. VASTALUX ENERGY BERHAD
  17. VTI VINTAGE BERHAD