Berjaya Media seeks extension to submit regularisation plan

PETALING JAYA: Berjaya Media Bhd (BMedia) is seeking approval from Bursa Malaysia for an extension of time until December 20, 2018 to submit its regularisation plan.

The Practice Note 17 (PN17) company said it had on June 1 submitted an application to the regulator for extension of its June 20 deadline.

"The board of directors of the company wishes to announce that the company is still looking into formulating a plan to regularise its financial condition," it told the stock exchange.

BMedia first announced its admission into the PN17 category on June 21, 2017.