KUALA LUMPUR (April 18): AHB Holdings Bhd shares jumped 12.20% this morning after the company was annpounced as no longer a Practice Note No.17 (PN17) as it has regularised its financial condition and level of operations, according to Bursa Malaysia Securities Bhd.
At 9.06am, AHB Holdings rose 2.5 sen to 23 sen with 2.79 million shares done.
In a statement today, Bursa Malaysia Securities said that as such, AHB Holdings no longer triggers any of the criteria under Paragraph 2.1 of PN17 of the Main Market Listing Requirements of Bursa Securities (Listing Requirements).
“Bursa Securities would like to emphasise that it will continue to monitor the progress of PN17 companies in respect of their compliance with the Listing Requirements,” it said.
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