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08 Oct
11:17

Lion to lose listing Wednesday on Malaysian exchange

Malaysia’s Lion Corporation will no longer be listed on Bursa Malaysia from 12 October. The company decided not to file a new appeal to secure a time extension for its restructuring efforts, Kallanish notes. Bursa Malaysia ruled that it would not give the company an extension until 30 November because there had been no material progress in its regularisation plan. Trading in the company’s shares will be suspended from Monday. The company has been on …
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