KUALA LUMPUR, May 8 — Reneuco Bhd will be delisted from the Main Market of Bursa Malaysia on May 12, 2026 after Bursa Malaysia Securities Bhd dismissed the company’s appeal for more time to submit its regularisation plan.
In a filing with Bursa Malaysia today, the renewable energy company said Bursa Malaysia had rejected its appeal for an extension of time until November 7, 2026 to finalise and submit the regularisation plan to the relevant authorities for approval.
The company said Bursa Malaysia had also decided to delist the securities of the company from the official list of Bursa Malaysia pursuant to Paragraph 8.04 of the Main Market Listing Requirements.
“In the circumstances, please be informed that the securities of the company will be removed from the official list of Bursa Malaysia upon the expiry of two market days from the date hereof, namely on May 12, 2026,” it said.
Reneuco said the securities currently deposited with Bursa Malaysia Depository Sdn Bhd would be withdrawn by the company upon the delisting.
“Upon the de-listing of the company, the company will continue to exist but as an unlisted entity. The company is still able to continue its operations and business and proceed with its corporate restructuring and its shareholders can still be rewarded by the company’s performance.
“However, the shareholders will be holding shares which are no longer quoted and traded on Bursa Malaysia. The interests and rights of the shareholders will remain safeguarded under the Companies Act 2016,” it added. — Bernama
Malay Mail – Money
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