Continued suspension for Hytex
02 Oct 2014 / 05:37 H.
PETALING JAYA: Trading in Hytex Integrated Bhd, a Practice Note 17 (PN17) company, continues to be suspended after it once again failed to submit the annual report for the financial year ended 31 March 2014 to Bursa Malaysia for public release before Sept 30, 2014.
Under listing requirements, de-listing procedures shall be commenced against Hytex.
Trading in the garment manufacturer shares has been suspended since May 30, 2014 due to the winding-up order granted by the High Court of Malaya on both Hytex and Hytex Apparels Sdn Bhd, a wholly-owned subsidiary company of Hytex.
For the first quarter ended June 30, 2014, Hytex net loss widened to RM7.55 million versus RM4.40 million in the previous corresponding period.