Propel Global to exit PN17 status FMTNews FMTBusiness
Propel Global Bhd returned to the black in Q3 FY2023 with a net profit of RM831,000, compared to a net loss of RM6.9 million a year earlier.
In a statement today, Bursa Malaysia Securities Bhd said it approved the group’s application for an upliftment from being classified as a PN17 company after “due consideration of all facts and circumstances of the matter”. PGB returned to the black in its third quarter ended March 31 with a net profit of RM831,000, compared to a net loss of RM6.9 million a year earlier.
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