COVID–19 NEWS   Owners of premises in buildings allowed to determine protocol on wearing of face mask at their venue - Johor Exco | Italy greenlights Omicron-adapted COVID-19 booster shots | New COVID-19 cases down 16.9 pct last week | Japan to simplify COVID-19 airport quarantine procedures | EMA endorses Omicron-adapted COVID-19 vaccines | 
BUSINESS

Pertama Digital Bhd to make regularisation plan known in due course

10/08/2022 09:13 PM

KUALA LUMPUR, Aug 10 (Bernama) -- Pertama Digital Bhd (PDB) is looking into formulating a regularisation plan to address issues regarding paragraph 8.03A Affected Listed Issuer Status and will announce its regularisation plan in due course.

In a filing with Bursa Malaysia, PDB said the company has triggered paragraph 8.03A(2)(a)(bb) of the Main Market Listing Requirements when it completed its sale of Be Top Group Ltd.

It sold its entire equity interest in the China-based textile subsidiary to Gifted Investments Ltd for RM70 million. With that sale and exit from the textile business, PDB is set to become a pure-play digital services player and will focus and allocate resources to strengthen and expand its mobile and digital solutions businesses, the current core continuing operations of PDB Group, the filing said.

Given the bright prospects of the mobile and digital solutions industry, the board is of the view that the group's mobile and digital solutions businesses are “viable, sustainable and have high growth potential moving forward” and various plans in the pipeline and will be announced at the appropriate time.

-- BERNAMA

 

 


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy