Utusan Melayu will delist its shares tomorrow
Utusan Melayu Bhd was listed on Bursa Malaysia in 1994. It became a PN17 company in 2012, when it failed its financial obligations to Bank Muamalat Malaysia Bhd and Maybank Islamic Bhd. – The Malaysian Insight file pic, August 29, 2019.
UTUSAN Melayu Bhd today said it will not make an appeal against the delisting of its securities from the local bourse. The announcement came after the August 27 deadline given by Bursa Malaysia Securities Bhd for the publisher of the country’s oldest Malay daily to appeal, paving the way for its delisting tomorrow.
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